Press Release 09/05/2023
RETAIL TRADE INDEX (ICIm). I/2023
Retail sector sales in the Basque Country were up 1.7% in the first quarter of 2023
Compared to the previous quarter, sales increased by 0.6%
Sales in the retail sector in the Basque Country increased by 1.7% in the first quarter of 2023 compared to the same quarter of the previous year, once corrected for calendar effects and at constant prices, according to Eustat data. Without taking service stations into consideration, the year-on-year increase in sales was 1.5%.
In respect of the previous quarter, once seasonal effects had been eliminated, the sales index increased by 0.6% during the first quarter of 2023.
Sales at constant prices in Food products increased by 0.2% compared to the first quarter of 2022. In the Other Products sector, the year-on-year increase in sales was 2.6% during the first quarter of 2023. As for the Automotive Fuel sector, sales were up 5.1% on those observed in the same quarter of the previous year.
Compared to the fourth quarter of 2022, in deseasonalised terms and at constant prices, sales in Food Products and Other Products rose by 0.9% and 2.3%, respectively. However, sales of Automotive Fuel decreased by 2.8% in year-on-year terms.
Retail Trade Index in the Basque Country. Inter-annual and inter-mensual variation rates (p). 2023/I
| | Constant prices |
| | t / t-4 | t / t-1 | At / At-4 |
| SALES INDEX by historic territory | | | |
| Basque Country | 1,7 | 0,6 | 1,7 |
| Araba/Álava | -3,2 | -1,2 | -3,2 |
| Bizkaia | 4,7 | 1,1 | 4,7 |
| Gipuzkoa | -0,6 | 0,5 | -0,6 |
| | | | |
| SALES INDEX by sector | | | |
| Foodstuffs | 0,2 | 0,9 | 0,2 |
| Establishments specialized in food | -2,9 | -0,6 | -2,9 |
| Nonspecialist establishments mainly selling food products | 1,6 | 1,3 | 1,6 |
| Rest of products | 2,6 | 2,3 | 2,6 |
| Establishments specialising in personal equipment | 4,6 | -0,5 | 4,6 |
| Establishments specialising in household equipment | 0,0 | 1,2 | 0,0 |
| Establishments specialising in other consumer goods | 7,4 | 3,2 | 7,4 |
| Nonspecialist establishments mainly selling other products | 1,1 | 0,4 | 1,1 |
| Automotive fuel | 5,1 | -2,8 | 5,1 |
| | | | |
| GENERAL INDEX without service station | 1,5 | 1,7 | 1,5 |
| | | | |
| PERSONNEL INDEX | | | |
| Basque Country | 1,0 | -0,2 | 1,0 |
(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 May 9, 2023
Source: Eustat. Retail Trade Index (ICIm)
Within the Food Products retail trade, sales in Specialised trade in food, beverages and tobacco (establishments such as greengrocers, butchers and fishmongers) decreased by 2.9% in relation to the first quarter of 2022. By contrast, retail trade that is Non-specialised with food, beverages and tobacco predominating (primarily supermarkets and hypermarkets), increased its sales by 1.6% in year-on-year terms.
In the retail trade of Other Products, sales in the Specialised trade in other consumer goods sector (including, for example, sporting goods, games and toys) rose 7.4% compared to the first quarter of the previous year. In the Specialised trade in personal goods sector (clothes, footwear, cosmetic and hygiene products), the year-on-year increase in sales was 4.6% and there was a 1.1% rise in the Non-specialised trade with other products predominating (mail order or online) sector. Lastly, sales remained stable compared to the same quarter of the previous year in the Specialised trade in household goods sector (including domestic appliances, furniture and telecommunications equipment).
By province, the sales index in the first quarter of 2023 registered a year-on-year increase of 4.7% in Bizkaia. However, Álava and Gipuzkoa posted a decrease of 3.2% and 0.6% respectively.
In relation to the previous quarter, the evolution in sales was positive in Bizkaia and Gipuzkoa, with quarter-on-quarter growth of 1.1% and 0.5% respectively. However, sales in Álava were down 1.2% compared to the fourth quarter of the 2022.
The number of people employed in the retail trade sector in the Basque Country as a whole in the first quarter of 2023 rose by 1.0% in relation to the first quarter of the previous year. However, compared to the fourth quarter of 2022, employment fell by 0.2%.
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 93.5% 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