Ireland - Real Change in Inventories





Ireland: Real Change in Inventories

Mnemonic CIVT$.IIRL
Unit Mil. Ch. 2018 EUR, SA
Adjustments Seasonally Adjusted
Quarterly 2.5 %
Data 2020 Q2 1,843
2020 Q1 1,798

Series Information

Source Central Statistics Office (CSO)
Release National Accounts - GDP
Frequency Quarterly
Start Date 3/31/1995
End Date 6/30/2020

Ireland: Business

Reference Last Previous Units Frequency
Business Confidence Sep 2020 95.94 95.06 Index long term avg=100, SA Monthly
Capacity Utilization 2020 Q3 71.1 52.7 %, NSA Quarterly
Industrial Production Aug 2020 75.2 111.7 Vol. Index 2015=100, NSA Monthly
Change in Inventories 2020 Q2 1,813 1,688 Mil. EUR, SA Quarterly
Real Change in Inventories 2020 Q2 1,843 1,798 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.