Belgium - Real Retail Sales

Belgium: Real Retail Sales

Mnemonic WRT$.IBEL
Unit Vol. Index 2015=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 1.08 %
Data Nov 2022 101.69
Oct 2022 102.8

Series Information

Source Statistics Belgium
Release Retail trade turnover
Frequency Monthly
Start Date 1/31/1997
End Date 11/30/2022

Belgium: Consumer

Reference Last Previous Units Frequency
Consumer Confidence Jan 2023 -63 -62 Balance of Opinion, SA Monthly
Real Retail Sales Nov 2022 101.69 102.8 Vol. Index 2015=100, NSA Monthly
Retail Sales Nov 2022 122.64 122.22 Index 2015=100, NSA Monthly

Release Information

For Belgium, retail trade, broken out to food, textile, clothing and footwear, household equipment, and various products.  Data are presented in both value and volume terms as well as a deflator.  The data are not seasonally adusted however, Moody's Analytics provides a seasonally adjusted value and volume series for total. Monthly from 1998.


  • Classification: NACE Rev. 2
  • Measurements:
    • Fixed-base volume index relative to 2015 (Vol. Index 2015=100)
    • Value index (Index 2015=100)
  • Adjustments:
    • Working day adjusted and seasonally adjusted (WDASA)
    • Working day adjusted (WDA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start dates:
    • 1998m1 for total value index
    • Otherwise 2006m1


  • 2015=100 with prior method - 1990, 1997, 1998 or 2006 to 2012
  • 2010=100 - 1990, 1997 or 1998 to 2017
  • 1995=100 - 1990 or 1997 to 2013

It is the objective of the turnover index to show the development of the market for goods and services.

Turnover comprises the totals invoiced by the observation unit during the reference period, and this corresponds to market sales of goods or services supplied to third parties. Turnover also includes all other charges (transport, packaging, etc.) passed on to the customer, even if these charges are listed separately in the invoice.

Turnover excludes VAT and other similar deductible taxes directly linked to turnover as well as all duties and taxes on the goods or services invoiced by the unit.

The volume of sales represents the value of turnover in constant prices and as such is a quantity index. It is normally calculated as turnover at current prices, deflated by the deflator of sales.

Moody's Analytics supplements

We extend the general index, value and volume, NSA and WDASA. Until 2021, we computed seasonally adjusted counterparts for the general index, value and volume.