Press Release 13/09/2022
SERVICE SECTOR INDEX. TRADE. II/2022
Sales in the Trade sector in the Basque Country rose by 4.9% in the second quarter of 2022 hiruhilekoan
In the year-to-date, sales in the Trade sector as a whole increased by 4.8%, despite the negative evolution of Sale and repair of motor vehicles
In the second quarter of 2022 sales in the Trade sector, which encompasses Wholesale Trade, Retail Trade, and Sale & Repair of Motor Vehicles , increased by 4.9% in year-on-year terms, at constant prices and once corrected for calendar effects, according to Eustat data.
Compared to the previous quarter and once corrected for seasonal effects, sales rose by 0.7% in the second quarter of 2022.
Year-on-year variation rate of trade index. (%)
Corrected for calendar effects. Constant prices
Q2, 2021 Q3, 2021 Q4, 2021 Q1, 2022 Q2, 2022 -5.0 0.0 5.0 10.0 15.0 20.0 25.0 30.0 -5.0 0.0 5.0 10.0 15.0 20.0 25.0 30.0 |
Q1, 2016 Q1, 2017 Q1, 2018 Q1, 2019 Q1, 2020 Q1, 2021 Q1, 2022 |
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Within Trade, the year-on-year evolution was positive in the branch of Wholesale Trade and in that of Retail Trade, with year-on-year growth in constant terms of 7.8% and 4.2%, respectively. In Sale & Repair of Motor Vehicles , however, sales were down 9.7% on the second quarter of 2021.
In relation to the previous quarter, sales increased by 1.5% in Wholesale Trade and by 0.8% in Retail Trade. In contrast, in the Sale & Repair of Motor Vehicles sector, sales were down 5.9% in quarter-on-quarter terms.
Service index of the Basque Country. Trade. Provisional data. 2022/II
| | Constant prices |
| | t / t-4 | t / t-1 | A (t) / A (t-4) |
| GENERAL INDEX | 4,9 | 0,7 | 4,8 |
| Wholesale and retail trade and repair of motor vehicles | -9,7 | -5,9 | -8,7 |
| Wholesale trade | 7,8 | 1,5 | 7,2 |
| Retail trade | 4,2 | 0,8 | 4,6 |
| | | | |
| HISTORIC TERRITORIES | | | |
| Araba/Álava | 2,9 | 0,1 | 3,1 |
| Bizkaia | 7,3 | 1,6 | 6,5 |
| Gipuzkoa | 2,1 | -0,3 | 3,0 |
| | | | |
| EMPLOYMENT | 1,3 | 0,0 | 2,0 |
t / t-4 Year-on-year variation. Data corrected for calendar effects
t / t-1 Interquarterly variation. Deseasonalised data
A(t) / A(t-4) Year-on-year change so far this year. Data corrected for calendar effects
Date September 13, 2022
Source: Eustat. Service Index
By province, in the second quarter of 2022 in the Trade sector as a whole, sales at constant prices in year-on-year terms increased by 7.3% in Bizkaia, by 2.9% in Álava and by 2.1% in Gipuzkoa.
In respect of the first quarter of 2022, sales rose in quarter-on-quarter terms by 1.6% in Bizkaia and by 0.1% in Álava, whereas in Gipuzkoa sales were down 0.3%.
The index of people employed in the Trade sector in the Basque Country rose by 1.3% in the first quarter of 2022 in relation to the first quarter of 2021. In respect of the first quarter of 2022, employment has remained stable.
NOTE
Eustat would like to thank all the establishments that have collaborated in making this effort despite the circumstances. As a result, the index for the first quarter was calculated with 93.8% coverage.
For further information:
Eustat - Euskal Estatistika Erakundea / Basque Statistics Institute
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: servicioprensa@eustat.eus Tel.: 945 01 75 62