Press Release 08/11/2022
RETAIL TRADE INDEX (ICIm). III/2022
Retail sector sales in the Basque Country were up 0.9% in the third quarter of 2022
Compared to the previous quarter, sales remained stable
The retail sector in the Basque Country increased sales by 0.9% in the third quarter of 2022 compared to the same quarter of the previous year, once corrected for calendar effects and at constant prices, according to Eustat data. The increase in sales in relation to the third quarter of 2021, excluding service stations, reached 1.1%.
In respect of the previous quarter, and once any seasonal effects had been eliminated, the sales index in the third quarter of 2022 remained stable, 0.0% quarter-on-quarter variation.
By sectors, in relation to the third quarter of 2021, sales at constant prices in Other Products(excluding food), rose by 1.9% during the third quarter of 2022. Food sales also increased in year-on-year terms, although to a lesser extent, standing at 0.3%. In contrast, sales in the Automotive Fuel sector were down 1.9%.
In respect of the second quarter of 2022, in deseasonalised terms and at constant prices, Food sales rose by 0.7%. Sales in Other Products and Automotive Fuel, however, fell by 2.8% in both cases.
Retail Trade Index in the Basque Country. Inter-annual and inter-mensual variation rates (p). 2022/III
| | Constant prices |
| | t / t-4 | t / t-1 | At / At-4 |
| SALES INDEX by historic territory | | | |
| Basque Country | 0,9 | 0,0 | 3,7 |
| Araba/Álava | -2,7 | -1,6 | -0,3 |
| Bizkaia | 0,5 | 0,1 | 3,3 |
| Gipuzkoa | 2,9 | 0,6 | 6,1 |
| | | | |
| SALES INDEX by sector | | | |
| Foodstuffs | 0,3 | 0,7 | 0,1 |
| Establishments specialized in food | -3,2 | -1,0 | 0,6 |
| Nonspecialist establishments mainly selling food products | 2,0 | 0,6 | -0,1 |
| Rest of products | 1,9 | -2,8 | 7,1 |
| Establishments specialising in personal equipment | 1,4 | -1,6 | 11,0 |
| Establishments specialising in household equipment | 5,6 | 1,7 | 12,2 |
| Establishments specialising in other consumer goods | 1,3 | 0,5 | -1,7 |
| Nonspecialist establishments mainly selling other products | -6,0 | -1,3 | -6,3 |
| Automotive fuel | -1,9 | -2,8 | 3,0 |
| | | | |
| GENERAL INDEX without service station | 1,1 | -1,2 | 3,7 |
| | | | |
| PERSONNEL INDEX | | | |
| Basque Country | 0,4 | 0,7 | 1,6 |
(p)Provisional data
t / t-4 Year-on-year variation. Data corrected for calendar effects
t / t-1 Interquarterly variation. Deseasonalised data
At / A(t-4) Year-on-year variation rate in the accumulated period from the 1st quarter to the last quarter observed (At) with regards to the same accumulated period in the previous year (A(t-4))
Date November 8, 2022
Source: Eustat. Retail Trade Index (ICIm)
Within the Food retail trade, sales in Specialised trade in food, beverages and tobacco (establishments such as greengrocers, butchers and fishmongers) decreased by 3.2% in relation to the third quarter of 2021. By contrast, retail trade that is Non-specialised with food, beverages and tobacco predominating (primarily supermarkets and hypermarkets), increased sales by 2.0%.
In the retail trade of Other Products, the evolution of sales in the third quarter of 2022 in relation to the same quarter of the previous year was not homogeneous. In the Specialised trade in household goods sector (including domestic appliances, furniture and telecommunications equipment) sales were up 5.6%; in the Specialised trade in personal goods sector (clothes, footwear, cosmetic or hygiene products) the increase stood at 1.4%; and, finally, in the Specialised trade in other consumer goods sector (including, among others, sporting goods, games and toys) the increase was 1.3%. In contrast, sales in the Non-specialised trade with other products predominating sector (by mail order or online) fell by 6.0%.
By province, the sales index in the third quarter of 2022 registered a year-on-year increase of 2.9% in Gipuzkoa and 5.0% in Bizkaia. In Álava, however, it was down 2.7%, In quarter-on-quarter terms, the evolution in sales was also positive in Gipuzkoa and in Bizkaia, with growth of 0.6% and 0.1%, respectively. However, sales in Álava were down 1.6% in respect of the second quarter of the year.
The number of people employed in the retail trade sector in the Basque Country as a whole in the third quarter of 2022 rose by 0.4% in relation to the third quarter of the previous year. Compared to the second quarter of 2022, it was up 0.7%.
Balance for the first three quarters of 2022
Sales in the retail sector in the cumulative total of the first three quarters of 2022 increased by 3.7%, with the positive contributions of the three sub-sectors: Food (0.1%), Other Products (7.1%) and Automotive Fuel (3.0%).
By province, sales were up 6.1% in Gipuzkoa and 3.3% Bizkaia, whereas in Álava they were down 0.3%.
NOTE
Eustat would like to thank all the establishments that have collaborated with gathering information. As a result, the index for this quarter was calculated with 94.9% coverage of the sample.
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