Ireland [Ireland] - Real Change in Inventories





Ireland [Ireland]: Real Change in Inventories

Mnemonic CIVT$.IIRL
Unit Mil. Ch. 2018 EUR, SA
Adjustments Seasonally Adjusted
Quarterly 126.4 %
Data 2020 Q3 -343
2020 Q2 1,299

Series Information

Source Central Statistics Office (CSO)
Release National Accounts - GDP
Frequency Quarterly
Start Date 3/31/1995
End Date 9/30/2020

Ireland [Ireland]: Business

Reference Last Previous Units Frequency
Business Confidence Nov 2020 96.95 96.11 Index long term avg=100, SA Monthly
Industrial Production Nov 2020 151.6 125.1 Vol. Index 2015=100, NSA Monthly
Change in Inventories 2020 Q3 -119 1,141 Mil. EUR, SA Quarterly
Real Change in Inventories 2020 Q3 -343 1,299 Mil. Ch. 2018 EUR, SA Quarterly

Release Information

For Ireland, the quarterly national accounts under the ESA 2010 framework, including expenditure (use of GDP) and production (GVA by industry) approaches. Quarterly from 1995.

Active:

  • National accounts framework: ESA 2010
  • Industry classification: NACE Rev. 2
  • Measurements:
    • Millions of euros at chained year-2021 prices (Mil. Ch. 2021 EUR)
    • At current prices (Mil. EUR)
  • Adjustments:
    • Seasonally adjusted (SA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: Uniformly 1995Q1

Predecessors:

  • 2020 prices - 1995Q1 to 2023Q2 ("_20")
  • 2019 prices - 1995Q1 to 2022Q2 ("_19")
  • 2018 prices - 1995 to 2021 ("_18")
  • 2017 prices - 1995 to 2020
  • 2016 prices - 1995 to 2018
  • 2015 prices - 1995 to 2017
  • NACE Rev. 2 broad groupings - 1997 to 2016
  • Regional accounts under NUTS 2013 delineations - 2000 to 2015
  • 2011 prices - 1997 to 2013 ("_11")
  • 2010 prices - 1997 to 2012 ("10")
  • 2009 prices - 1997 to 2011 ("09")
  • 2008 prices - 1997 to 2010

Seasonal adjustment: Uses the direct approach where each individual time series and aggregate is independently adjusted. Seasonal factors are updated quarterly and the series are adjusted using the X-12_ARIMA model.

Gross Domestic Product (GDP) is representative of output, or total value added, in the production of goods and services in the country.

Imports: Reported as negative values.

Net factor income (NFI) is equal to the investment and labour income earned abroad by Irish residents minus the similiar incomes earned in Ireland by non-residents.

Gross National Product (GNP) is the sum of GDP and NFI. This series can be very volitile as NFI is the difference of two large gross flows and can therefore cause the GNP to fluctuate. This can also lead to substantial differences between GDP and GNP growth rates.

Seasonal factors are updated quarterly; the routine annual review of ARIMA models is upon publication of the "Q1 Final" set of results.

For chained prices (real data), the currency reference year is advanced annually, typically in July or August.

Provisional and final results are issued at approximately T+60 and T+100 days, respectively.

Revisions to annual data (ANA) have an impact on quarterly data, more significantly on recent quarters.

  • Sep 2005 - Initial version.
  • Aug 2017 - Industry breakdown expanded to A*10.
  • 5 Sep 2023, Phillip Thorne - Currency reference year advanced from 2020 to 20201: Properties.