Press Release 05/09/2023
LARGE STORES AND FOOD CHAINS TRADE INDEX. JULY 2023
Sales in large stores and food chains in the Basque Country were down 1.0% in July 2023
Compared to the previous month, June 2023, sales fell by 2.3%
Sales in large stores and food chains in the Basque Country registered a downturn of 1.0% in July 2023, in relation to the same month of the previous year, at constant prices and in homogeneous terms of the working calendar, according to Eustat data.
Compared to the previous month, June 2023, and once corrected for seasonal effects, sales at constant prices fell by 2.3% in July.
Sales in month-on-month terms were down in the two sectors: by 2.0% in Food and by 2.7% in Other Products.
In year-on-year terms, July 2023 compared to July 2022, there was 1.0% drop in sales at constant prices in both Food and Other Products.
Large Stores and Food Chains Trade Index of the Basque Country by province and month. Inter-annual and inter-mensual variation rates (p). July 2023
| | Constant prices |
| | m / m-12 | m / m-1 | A (m) /A (m-12) |
| SALES INDEX by historic territory | | | |
| Basque Country | -1,0 | -2,3 | 0,0 |
| Araba/Álava | -0,7 | -1,8 | -2,5 |
| Bizkaia | -0,4 | -1,6 | 0,6 |
| Gipuzkoa | -2,0 | -3,7 | 0,0 |
| | | | |
| SALES INDEX by sector | | | |
| Foodstuffs | -1,0 | -2,0 | -0,5 |
| Rest of products | -1,0 | -2,7 | 0,8 |
| | | | |
| PERSONNEL INDEX | | | |
| Basque Country | 2,2 | -0,2 | 3,8 |
(p)Provisional data
m / m-12 Year-on-year variation. Data corrected for calendar effects
m / m-1 Month-on-month variation. Deseasonalised data
A(m)/A(m-12) Interannual variation rate of the accumulated period from January to the current month over the same accumulated period of the previous year
Date September 5, 2023
Source: Eustat. Large Stores and Food Chains Trade Index- (ISGC)
Sales in large stores and food chains were down in year-on-year terms, at constant prices and in homogeneous terms of the working calendar, in all three provinces: by 2.0% in Gipuzkoa, 0.7% in Álava and 0.4% in Bizkaia.
In relation to the previous month, June 2023, there was also a drop in sales in all three provinces: of 3.7% in Gipuzkoa, 1.8% in Álava and 1.6% in Bizkaia.
The number of people employed in large stores and food chains in the Basque Country increased by 2.2% in relation to July 2022. However, compared to the previous month, the index of employed people fell by 0.2%.
BALANCE OF THE CUMULATIVE PERIOD UNTIL JULY 2023
During the first seven months of 2023, sales in large stores and food chains remained stable in respect of the same cumulative period of the previous year. By sectors, sales in Other Products increased by 0.8%, whereas Food sales were down 0.5%.
The cumulative variation for the year to date was positive in the case of Bizkaia, up 0.6%, whereas in Álava it was negative, down 2.5%. Finally, in Gipuzkoa, sales remained constant (0.0%).
The index of people employed in the sector showed a cumulative rise of 3.8% in the first seven months of the year.
NOTE
Year-on-year variations are calculated using the series corrected for calendar effects, and the month-on-month variations are calculated using the deseasonalised series.
Eustat would like to thank all the establishments that have collaborated in preparing the Large Stores and Food Chains Trade Index. As a result, the index for this month was calculated with 100% 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