|Unit||Index 2015=100, CDASA|
|Adjustments||Calendar Adjusted and Seasonally Adjusted|
|Source||Instituto Nacional de Estatística - Portugal (Statistics Portugal)|
|Release||Employment and Turnover Indices in Retail Sales|
|Consumer Confidence||Feb 2023||-32.46||-35.36||Bal. of Opinion, NSA||Monthly|
|Retail Sales||Jan 2023||138.33||136.57||Index 2015=100, CDASA||Monthly|
The aim of the index of turnover, employment, wage and hours worked in retail trade for Portugal is to show the evolution of the market for goods and services in a given sector. The source conducts a monthly survey on turnover and employment in retail trade which is used to calculate the indices.
The source surveys companies based in the national territory, with a main activity that falls within industry, construction and public works, retail or services.
The employment index is not-seasonally adjusted. The retail sales indices are reported as not seasonally adjusted (NSA), seasonally adjusted (SA), calendar-day adjusted (CDA), and calendar day adjusted and seasonally adjusted (CDASA). Each retail sales index has a deflated retail sales volume index counterpart of the same seasonal adjustment reported.
The main activity is the activity that represents the most important activity carried out by the company and is classified by NACE rev.2.
Employment includes any persons engaged in productive activity.
The source defines a company as a legal entity (natural or legal person) corresponding to one unit organization of production of goods and / or services, enjoying a certain autonomy particularly in relation to the allocation of its current resources. A company may carry out one or more activities in one or more locations.
Hours effectively worked - Total number of hours that the staff in the service actually devoted to work.
Includes overtime. It also includes the time spent at the workplace in work such as preparation of working tools and maintenance of tools, the time of dead but paid work, due to occasional absences from work, shutdown of machinery or accidents and short breaks for coffee. Excludes hours of absence regardless of whether they have been remunerated
Provision of services - All works and services that are specific to the main objectives or purposes of the statistical unit of observation. It includes the materials applied in the case of billed separately.
Finished products - Products that are ready for sale or shipping by the producer.
Every month when new data is released, the source reviews the previous two months data. Every March, when data is released, the source reviews the previous year’s data.