Press Release 01/08/2012
Sales in the retail trade sector of the Basque Country dropped by 6.1% in the second quarter of 2012
Sales, not including service stations, were down by 7.3%
The retail trade sector of the Basque Country registered a 6.1% drop in nominal sales in the second quarter of 2012 with regards to the same period of the previous year, according to data provided by Eustat.
Sales in the sector, not including service stations, were down by 7.3% in year-on-year terms.
Compared to the previous quarter, the sales index was down a nominal 3.7%, once any seasonal effects had been eliminated.
By sectors, food products registered a drop of 3,9% in nominal sales in the second quarter of 2012, retail trade of other products saw a fall of 9,9% and sales of automotive fuel rose by 3,9%, all with regards to same period in 2011.
In the retail food sector, specialised trade was down by 5.4%, as non-specialised trade in mainly food products fell by 3.0%. In retail trade of other products there were drops of varying intensity amongst all the sectors that were taken into account. The sector specialising in household equipment fell by 12.4%, personal equipment was down by 11.3%, other consumer goods dropped by 5.6% and the non-specialised retail trade sector posted a fall of 7,5%.
By Provinces, the highest overall decrease in retail sector nominal sales in the first quarter of 2012 was in Bizkaia, which posted a 7.4% year-on-year fall. Nominal sales in Gipuzkoa were down by 5.0% and in Álava they dropped by 3.8%.
In constant prices, that is, prices without the price effect, sales of the retail sales sector fell by 7.6% in the second quarter.
Retail trade sales, not including service stations, posted a real downturn of 8.1% compared to the previous year.
In the second quarter of 2012, there was a drop of 3.7% in real retail trade sales in the Basque Country with regards to the first quarter, once seasonal effects had been eliminated.
In turn, the real decrease in retail food trade stood at 6,1%, in retail trade of other products this real decrease stood at 9.6% with regards to the same quarter of 2011 and retail automotive fuel sales were down by 3.0%.
Within retail food trade the year-on-year evolution was negative both for specialised food trade, with a drop of 7.7%, and for non-specialised trade in predominantly food products, which was down by 5.2%. For trade of other products there were also decreases in all sectors. The sector specialising in household equipment was down by 12.2%, personal equipment experienced a decrease of 9.4%, the sector specialising in other consumer goods fell by 7.2% and sales in non-specialised establishments of mainly other products dropped by 9.3%, all in real terms.
The three Provinces registered decreases in their sales in real terms: Bizkaia fell by 8.6%, Gipuzkoa was down by 6.5% and Álava dropped by 6.3%.
The number of people employed in the retail trade sector in the Basque Country overall in the second quarter of 2012 was down by 0.8% on the first quarter.
Note: With the Retail Trade Index for the second quarter of 2012 the framework has been updated and a new reference year, 2010, has been established. A new sectorisation has also been introduced from the CNAE-09 and integrated into the Services Index. This has involved the re-estimation of the index series.
For further information:
Basque Statistics Office
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Tel: +34-945-01 75 00 Fax:+34-945-01 75 01 E-mail: firstname.lastname@example.org
Contact: Gerardo Pérez Aja
Tel: +34-945-01 75 06 Fax:+34-945-01 75 01
Further press releases on the Retail Trade Index of the Basque Country (ICIm)
Retail Trade Index of the Basque Country (ICIm) databank