The Retail Trade Turnover Value Index increased by 10.6% in October 2021 compared to the same month of the previous year (Table 1). In the same month, the Retail Trade Business Cycle Volume Index increased by 6.2% compared to the same month last year (Table 2).
For the period January-October 2021, the value index is estimated to have increased by 9.4% and the volume index by 7.4% compared to the same period in 2020.
| Table 1 | |||||
| Code (NACE Rev. 2 | Economic Activity | Value Index (2015=100) | | Percentage Change (%) | |
| Oct 2021 | Oct 2021/ Oct 2020 | Jan-Oct 2021/ Jan-Oct 2020 | |||
| 47 except 47.3 | Retail trade except motor vehicle fuel | 133.4 | 9.1 | 8.5 | |
| 47.1 | Retail trade (non-specialised stores) | 129,8 | 1,9 | 2,5 | |
| 47.11 | Food, drinks, tobacco (in non-specialised shops) | 133,1 | 2,1 | 2,7 | |
| 47.19 | Other retail trade (in non-specialised stores) | 81,6 | -4,0 | -1,9 | |
| 47.2 | Retail sale of food, beverages and tobacco in specialised stores | 121,6 | 7,6 | 3,6 | |
| 47.2+47.11 | Edible products | 131,4 | 2,9 | 2,8 | |
| 47.19+47.4+47.5 +47.6+47.7+47.9 | Non-food products (excluding vehicle fuel) | 135.9 | 17.5 | 17.1 | |
| 47.51+47.71+47.72 | Textiles, clothing, footwear | 125.1 | 22.6 | 18.9 | |
| 47.43+47.52+47.54 +47.59+47.63 | Electrical household appliances, furniture, lighting fixtures, building materials, etc. | 170.0 | 10.2 | 16.2 | |
| 47.41+47.42+47.53 +47.61+47.62+47.64 +47.65+47.76 +47.77+47.78 | Computers and telecommunications equipment, curtains, carpets, rugs, books, stationery, sports equipment, toys, flowers, plants, clocks, jewellery, etc.etc. | 132,5 | 32,0 | 24,9 | |
| 47.3 | Retail sale of automotive fuel in specialised stores | 115,7 | 25,5 | 18,5 | |
| 47 | RETAIL, EXCEPT MOTOR VEHICLES | 131.3 |
[TD] [/TD] [TD]
10.6
[/TD] [TD]9,4
[/TD]
| Table 2 | |
| Code (NACE Rev. 2) |
Economic
Activity
[/TD] [TD]Volume Index (2015=100)
[/TD] [TD][/TD] [TD]
Percentage Change
(%)
[/TD] [TD][/TD] [TR] [TD]
Oct 2021
[/TD] [TD]Oct 2021/
Oct 2020
[/TD] [TD]Jan-Oct 2021/
Jan-Oct 2020
[/TD] [/TR] [TR] [TD]47 except 47.3
[/TD] [/TD] [TD]Retail trade except motor vehicle fuel
[/TD] [TD]134,6
[/TD] [TD] [/TD] [TD]6.8
[/TD] [TD]7.6
[/TD] [TD][/TD] [/TR] [TR] [TD]
47.1
[/TD] [/TD] [TD]Retail trade (in non-specialised stores)
[/TD] [TD]130,0
[/TD] [TD] [/TD] [TD]2.0
[/TD] [TD]2.7
[/TD] [TD][/TD] [/TR] [TR] [TD]
47.11
[/TD] [/TD] [TD]Food, beverages, tobacco (in non-specialised shops)
[/TD] [TD]133,4
[/TD] [TD] [/TD] [TD]2.2
[/TD] [TD]2.9
[/TD] [TD][/TD] [/TR] [TR] [TD]
47.19
[/TD] [TD]Other retail trade (in non-specialised stores)
[/TD] [TD]80,0
[/TD] [TD] [/TD] [TD]-4.4
[/TD] [TD]-2.3
[/TD] [TD][/TD] [/TR] [TR] [TD]
47.2
[/TD] [/TD] [TD]Retail sale of food, beverages and tobacco in specialised stores
[/TD] [TD]118,0
[/TD] [TD] [/TD] [TD]8.5
[/TD] [TD]4.7
[/TD] [TD][/TD] [/TR] [TR] [TD]
47.2+47.11
[/TD] [TD]Edible products
[/TD] [TD]131,1
[/TD] [TD] [/TD] [TD]3,0
[/TD] [TD]3,2
[/TD] [TD][/TD] [/TR] [TR] [TR] [TD]
47.19+47.4+47.5
+47.6+47.7+47.9
[/TD] [/TD] [TD]Non-food products (excluding vehicle fuels)
[/TD] [TD]138,8
[/TD] [TD] [/TD] [TD]11.7
[/TD] [TD]13.6
[/TD] [TD][/TD] [/TR] [TR] [TD]
47.51+47.71+47.72
[/TD] [TD]Textiles, clothing, footwear
[/TD] [TD]117.6
[/TD] [TD] [/TD] [TD]21.0
[/TD] [TD]15.3
[/TD] [TD][/TD] [/TR] [TR] [TR] [TD]
47.43+47.52+47.54
+47.59+47.63
[/TD] [/TD] [TD]Electrical household appliances, furniture, lighting fixtures, building materials, etc.etc.
[/TD] [/TD] [TD]169.3
[/TD] [TD] [/TD] [TD]1.9
[/TD] [TD]10.7
[/TD] [TD][/TD] [/TR] [TR] [TD]
47.41+47.42+47.53
+47.61+47.62+47.64
+47.65+47.76
+47.77+47.78
[/TD] [TD]Computers and telecommunications equipment, curtains, carpets, books, stationery, sports equipment, toys, flowers, plants, clocks, jewellery, etc.etc.
[/TD] [TD]145,9
[/TD] [TD] [/TD] [TD]22,4
[/TD] [TD]21,2
[/TD] [TD][/TD] [/TR] [TR] [TR] [TD]
47.3
[/TD] [TD]Retail sale of automotive fuel in specialised stores
[/TD] [TD]104,9
[/TD] [TD] [/TD] [TD]-0,4
[/TD] [TD]5,6
[/TD] [/TD] [TD][/TD] [/TR] [TR] [TD] [/TD] [TD] [/TD] [TD] [/TD] [TD] [/TD] [/TD] [TD] [/TD] [/TD] [TD] [/TD] [TD] [/TD] [TD]
[/TD] [/TR] [TR] [TD]
47
[/TD] [TD]RETAIL, OTHER THAN MOTOR VEHICLES
[/TD] [/TD] [TD]131,0
[/TD] [TD][/TD] [TD]
6.2
[/TD] [TD]7,4
[/TD] [TD][/TD] [/TR]
Methodological information
Purpose and coverage
Purpose of the Index Retail Trade Turnover excluding Motor Vehicles is to monitor short-term developments in retail trade. It covers the activities of division 47 of the statistical classification of economic activities NACE Rev. 2 of the European Union. Turnover includes the sales of goods and services of the enterprise during the reference period, excluding VAT and including duties and taxes.
All enterprises employing 10 or more persons and a sample of smaller enterprises are covered.
Data collection
Data are collected monthly by the Statistical Office, either by telephone interviews, fax or e-mail. It starts five days after the end of the reference month and is usually completed within forty-five days.
Method of calculation and publication practices
The Index has a base year of 2015, i.e. it shows the monthly change in turnover compared to the monthly average turnover in 2015. In the base year, the average of the Turnover Index for the twelve months is 100.0. For example, if the Index for any month is 105.3 this means that turnover for that month increased by 5.3% compared to the average monthly turnover in 2015.
The Index of Turnover Value refers to current market prices, while the Index of Turnover Volume refers to constant prices and is obtained by deflating the Index of Turnover Value using the Consumer Price Index (CPI) as the deflator.
To compile the total index, the weighted average of the individual indices is calculated for the different classes (subsets of activities) of retail trade as defined in the NACE Rev. 2 classification. The coefficients used for the weighting are derived from the results of the annual Wholesale and Retail Trade Survey in the base year (2015) and reflect the share of turnover of each class in relation to the total retail trade turnover.
The index is compiled in the framework of the implementation of Regulation (EU) 2019/2152 on European business statistics. The Index sent each month to the Statistical Office of the European Union (Eurostat) includes its corrected form (seasonal and calendar correction). Only the uncorrected version is published on the website of the Statistical Office.
For more information, interested parties can visit the Statistical Office Portal, under Trade CYSTAT-DB (Database)
Predefined Tables (Excel) or contact Mrs Evangelia Efstathiou: tel: 22602196, tel: eefstathiou@cystat.mofgov.cy
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