Press Release 08/11/2023
RETAIL TRADE INDEX (ICIm). III/2023
Sales in the Basque Country retail sector rose by 0.7% in the third quarter of 2023
In the cumulative total for the first three quarters of 2023, retail trade sales increased by 1.1%
In the third quarter of 2023 sales in the retail trade sector of the Basque Country rose by 0.7% 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 stood at 0.3%.
In respect of the previous quarter, once seasonal effects had been eliminated, the sales index decreased by 0.1% during the third quarter of 2023.
Sales at constant prices in Food products increased by 1.4% in relation to the third quarter of 2022. However, in the Other products sector, there was a year-on-year decrease in sales of 0.7%. Lastly, in the Automotive Fuel sector, sales were up 5.8% on those observed in the same quarter of the previous year.
Compared to the second quarter of 2023, in deseasonalised terms and at constant prices, sales in Food increased by 0.2%, while in Other products sales decreased by 2.4%. Sales in Automotive fuel obtained a positive result, with a quarter-on-quarter increase of 4.8%.
Retail Trade Index in the Basque Country. Inter-annual and inter-mensual variation rates (p). 2023/III
| | Constant prices |
| | t / t-4 | t / t-1 | At / At-4 |
| SALES INDEX by historic territory | | | |
| Basque Country | 0,7 | -0,1 | 1,1 |
| Araba/Álava | 1,1 | -0,3 | -1,9 |
| Bizkaia | 2,9 | 0,7 | 2,8 |
| Gipuzkoa | -2,6 | -1,2 | -0,1 |
| | | | |
| SALES INDEX by sector | | | |
| Foodstuffs | 1,4 | 0,2 | 1,1 |
| Establishments specialized in food | -2,0 | -0,4 | -2,0 |
| Nonspecialist establishments mainly selling food products | 3,0 | 0,1 | 2,6 |
| Rest of products | -0,7 | -2,4 | 1,6 |
| Establishments specialising in personal equipment | 5,0 | 0,4 | 4,2 |
| Establishments specialising in household equipment | -8,8 | -3,5 | -2,4 |
| Establishments specialising in other consumer goods | 5,6 | 0,7 | 5,7 |
| Nonspecialist establishments mainly selling other products | 3,3 | -0,6 | 2,7 |
| Automotive fuel | 5,8 | 4,8 | -1,9 |
| | | | |
| GENERAL INDEX without service station | 0,3 | -1,2 | 1,4 |
| | | | |
| PERSONNEL INDEX | | | |
| Basque Country | 1,2 | 0,3 | 1,3 |
(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, 2023
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 2.0% in relation to the third quarter of 2022. In contrast, sales in retail trade that is Non-specialised with food, beverages and tobacco predominating (primarily supermarkets and hypermarkets), increased by 3.0% in year-on-year terms.
Within 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 by 5.6% compared to the third quarter of the previous year. In the Specialised trade in consumer goods (clothes, footwear, cosmetic or hygiene products) sector, sales increased by 5.0%. In the Non-specialised trade with other products predominating sector (mail order or online), the year-on-year increase in sales stood at 3.3%. However, in the Household amenities sector (domestic appliances, furniture and telecommunications equipment), sales decreased by 8.8%.
By province, the sales index in the third quarter of 2023 registered a year-on-year increase of 2.9% in Bizkaia and 1.1% in Álava. However, in Gipuzkoa there was a decrease of 2.6%.
In relation to the previous quarter, the evolution in sales was positive only in the province of Bizkaia, with quarter-on-quarter growth of 0.7%. In Álava, sales fell in the third quarter by 0.3% in quarter-on-quarter terms and in Gipuzkoa they decreased by 1.2%.
The number of people employed in the retail trade sector in the Basque Country as a whole in the third quarter of 2023 rose by 1.2% in relation to the third quarter of the previous year. With respect to the second quarter of the year, the increase stood at 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 95.3% 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