|Unit||Index 2015=100, NSA|
|Adjustments||Not Seasonally Adjusted|
|Source||Statistical Service of the Republic of Cyprus (CYSTAT)|
|Release||Turnover value and volume indexes of retail trade except of motor vehicles [RSI]|
For Cyprus, turnover indexes of value and volume for subsections of retail trade (NACE Rev. 2 section 47), monthly. (Retail sales index.)
The Retail Trade Turnover Index follows the provisions of Council Regulation (EC) No 1165/98 concerning short-term statistics, and its amending Regulations.
Data collection starts one week after the end of the reference month and is carried out by telephone or personal interviews, by fax and by e-mail.
Turnover comprises the sales invoiced by the enterprise during the reference period, which corresponds to market sales of goods or services supplied to third parties. Turnover includes all duties and taxes on the goods or services with the exclusion of the VAT invoiced.
The Turnover Value Index is compiled at current prices. The Turnover Volume Index is deflated using Consumer Price Indices (CPI). The value is unadjusted (gross), i.e., no working day or seasonal adjustment is performed.
Weights are derived from the annual Wholesale and Retail Trade Survey 2015.
Indexes are rebased every five years (2000=100, 2005=100, etc.).
Under NACE Rev. 1.1 (January 2003 to December 2008):
Under NACE Rev. 2 (January 2005 to present):
Data are generally published monthly with a two-month lag, but it's not uncommon for the source to skip a dissemination period, i.e., there will be a two-month gap between successive reports, and two periods will be appended.
We extend the general index, both value and volume variants. We compute a seasonally adjusted version of the extended general index. We use the X-13ARIMA-SEATS program.
Each month's data are published in provisional and final forms; i.e., revisions to past periods are possible.
At the source: