Denmark - Retail Sales





Denmark: Retail Sales

Mnemonic WRT.IDNK
Unit Index 2015=100, SA
Adjustments Seasonally Adjusted
Monthly 1.3 %
Data Dec 2023 121.4
Nov 2023 123

Series Information

Source Statistics Denmark
Release Retail Trade Index
Frequency Monthly
Start Date 1/31/2000
End Date 12/31/2023

Denmark: Consumer

Reference Last Previous Units Frequency
Consumer Confidence Feb 2024 -7.4 -8.4 %, NSA Monthly
Retail Sales Dec 2023 121.4 123 Index 2015=100, SA Monthly
Personal Income 2022 1,307,172,616 1,298,898,288 Ths. DKK Annual

Release Information

For Denmark, the Retail Trade Index serves to analyse and explain the development in turnover within the different sectors of retail trade, which is the important part of private consumption. Monthly from 2000.

Active:

  • Classification: DB07, the national adaptation of NACE Rev. 2
  • Measurement: Fixed-base index relative to 2021 (Index 2021=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: Uniformly 2000m1
  • Geo coverage: National

Predecessors:

  • 2015=100, aggregates - 2000m1 to 2023m12 ("_15")
  • 2015=100, narrow branches - 2000m1 to 2018m12 ("_15")
  • 2010=100 - 2000m1 to 2018m2 ("_10")
  • 2005=100 - 2000m1 to 2013m1 ("05")
  • 2000=100 - 2000m1 to 2008m12 ("00")

Source tables:

  • DETA21: Retail trade index (2010=100) by commodity group and index type
  • DETA151: Retail trade index (2015=100) by industry (DB07)
  • DETA152: Retail trade index (2015=100) by commodity group and index type
  • DETA211: Retail trade index
  • DETA212: Retail trade index

Global concept aliases:

  • WRT.IDNK
  • WRT$.IDNK

The retail sales index describes 43 industries and 3 main product categories of food and other groceries, clothing, etc., and other consumer goods. The statistics are based on data collected from major retailers. A sample survey of around 3500 retail enterprises is conducted by an online form or telephone input and used to collect monthly turnover figures.

Data errors are augmented by comparing the development in revenue among companies that are similar, for example. The collected data are extrapolated to the population, etc., including information on the taxable sales for the last quarter of the entire population of retail companies. The listed turnovers indexed on the industry, item group and total level. Item group and total index are seasonally adjusted.

In the first publication released 20-22 days after the end of the reference period, only publisted figured on 3 main product groups are released.

At first publication of figures on the main commodity groups during the month following publication for the first time figures for the previous month on the detailed industry level.At the same time revised the previously published figures for the main product groups.The time of publication of these figures is 50-52 days.

Two months after the first publication of the main commodity groups, revised figures for the second and last time. At the same time revised trade figures for the same month for the first and only time. Release time of the final figure is 70-72 days for the main categories and Industry figures.

For larger method shifts or observation error, the figures are revised further back in time.This was last done in May 2012, when the whole time series were revised back with new methods

  • Sep 2005 - Initial version.
  • Mar 2009 - Rebased from 2000 to 2005.
  • Jan 2012 - Addendum of retail sales value indexes.
  • Mar 2013 - Rebased to 2010.
  • Apr 2018 - Rebased to 2015.
  • Sep 2019 - Change in reporting aggregates.
  • 12 Mar 2024, Phillip Thorne - Rebased to 2021.