Press Release 28/02/2024
LARGE STORES AND FOOD CHAINS TRADE INDEX. JANUARY 2024
Sales in large stores and food chains in the Basque Country decreased by 2.9% in January 2024
Compared to the previous month, December 2024, sales increased by 0.1%
Sales in large store and food chains in the Basque Country registered a decrease of 2.9% in January 2024 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.
In relation to December 2023, and once corrected for seasonal effects, sales at constant prices increased by 0.1% during January.
In the Food sector, sales at constant prices were up 0.2% in month-on-month terms. However, in the Other products sector, sales were down 0.2% in relation to the previous month.
In year-on-year terms (January 2024 compared to January 2023), the evolution of sales at constant prices was negative in both Food, with a 1.5% decrease, and Other Products, down 5.1%.
Large Stores and Food Chains Trade Index of the Basque Country by province and month. Inter-annual and inter-mensual variation rates (p). January 2024
| | Constant prices |
| | m / m-12 | m / m-1 | A (m) /A (m-12) |
| SALES INDEX by historic territory | | | |
| Basque Country | -2,9 | 0,1 | -2,9 |
| Araba/Álava | -2,5 | -0,6 | -2,5 |
| Bizkaia | -3,4 | 0,0 | -3,4 |
| Gipuzkoa | -2,1 | 0,5 | -2,1 |
| | | | |
| SALES INDEX by sector | | | |
| Foodstuffs | -1,5 | 0,2 | -1,5 |
| Rest of products | -5,1 | -0,2 | -5,1 |
| | | | |
| PERSONNEL INDEX | | | |
| Basque Country | 1,7 | 0,1 | 1,7 |
(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 Februay 28, 2024
Source: Eustat. Large Stores and Food Chains Trade Index- (ISGC)
In January 2024, sales in large stores and food chains experienced a downturn in year-on-year terms in all three provinces. Thus, the decrease in sales, at constant prices and in homogeneous terms of the working calendar, was 3.4% in Bizkaia, 2.5% in Álava and 2.1% in Gipuzkoa.
Compared to December 2023, i.e. in month-on-month terms, sales were up 0.5% in Gipuzkoa, remained stable in Bizkaia and were down 0.6% in Álava.
The number of people employed in large stores and food chains in the Basque Country increased by 1.7% in relation to January 2023. In month-on-month terms, the index of employed people was up 0.1%.
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