Ireland - Change in Inventories





Ireland: Change in Inventories

Mnemonic CIVT.IIRL
Unit Mil. EUR, SA
Adjustments Seasonally Adjusted
Quarterly 186.34 %
Data 2020 Q4 1,635
2020 Q3 571

Series Information

Source Central Statistics Office (CSO)
Release National Accounts - GDP
Frequency Quarterly
Start Date 3/31/1995
End Date 12/31/2020

Ireland: Business

Reference Last Previous Units Frequency
Capacity Utilization 2021 Q1 77.2 75.6 %, NSA Quarterly
Business Confidence Feb 2021 96.6 96.81 Index long term avg=100, SA Monthly
Industrial Production Jan 2021 144.5 97 Vol. Index 2015=100, NSA Monthly
Change in Inventories 2020 Q4 1,635 571 Mil. EUR, SA Quarterly
Real Change in Inventories 2020 Q4 1,869 751 Mil. Ch. 2018 EUR, SA Quarterly

Release Information

Quarterly national accounts for Ireland, including expenditure (use of GDP) and production (GVA by industry) approaches. Quarterly from 1995.

Active:

  • Framework: ESA 2010
  • Industry classification: NACE Rev. 2
  • Measurements:
    • Millions of euros at chained year-2018 prices (Mil. Ch. 2018 EUR)
    • At current prices (Mil. EUR)
  • Adjustments:
    • Seasonally adjusted (SA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: 1995

Predecessor:

  • NACE Rev. 2 broad groupings - 1997 to 2016

Framework: European System of National and Regional Accounts (ESA) 2010.

Classification: NACE Rev. 2.

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.

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