Turnover in retail trade, April 2018:
Retail trade increased in April
Statistical news from Statistics Sweden 2018-05-28 9.30
The retail trade sales volume increased by 3.6 percent in April 2018 compared with the same month last year. Retail sales in consumables increased by 1.1 percent, while retail sales in durables increased by 4.8 percent. These figures are working-day adjusted.
With this publication, 15 more industries are published in the statistics database.
The corresponding non-working-day adjusted figures showed an increase of 2.8 percent for the total retail trade. The figure for consumables (such as goods sold in department stores and specialised grocery stores) showed a decrease of 4.4 percent while durables (such as goods sold in clothing stores, furniture stores, second-hand goods stores and mail order houses) increased by 8.7 percent. The Easter effect on the working-day adjusted figures is evident when comparing the two types of indices.
The turnover in retail trade measured in current prices increased by 3.6 percent in April 2018 compared with the same month last year. Retail trade in consumables decreased by 2.4 percent, while durables increased by 8.5 percent.
In seasonally adjusted figures, retail trade increased by 0.6 percent between April 2018 and March 2018. In the last three-month period (February–April), sales increased by 0.5 percent compared with the previous three-month period (November 2017–January 2018). Both of these figures are expressed in constant prices, working-day and seasonally adjusted.
Definitions and explanations
Total retail trade refers to NACE 47 excluding 47.3.
Trade in consumables here refers to NACE 47.11 and 47.2.
Durables here refer to NACE 47.19 and 47.4-47.9.
All time series use the year prior to the year of the survey as their base year. .
Revisions
When the Retail Trade Index is published for a new month, the indices for previous months is also revised if new information has been added. From April 2015, a new method of calculating definitive statistics was introduced. The new method primarily entails that administrative data from the Swedish Tax Agency is used quarterly to increase the number of companies that are investigated and reduce the burden on the companies to contribute data. This means that definitive quarterly statistics are based on a calculation for all the companies in the population. The reason for using administrative data every quarter is to improve the quality of the retail trade index. Usually the material is revised between two and four months backwards depending on where in the quarter the reference month is. In connection with the publication of the first and second month in a quarter, the entire previous quarter is revised. The series, corrected for calendar and seasonal effects and trend estimates, is always revised from January 1991 and forward. Information regarding major revisions will be published at:
Turnover in the service sector.
Next publishing will be
Data for May will be published on 28 June 09:30.
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.