Spain - Real Retail Sales





Spain: Real Retail Sales

Mnemonic WRT$.IESP
Unit Vol. Index 2015=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 3.12 %
Data Oct 2019 108.05
Sep 2019 104.78

Series Information

Source National Institute of Statistics (INE)
Release Retail Sales
Frequency Monthly
Start Date 1/31/2000
End Date 10/31/2019

Spain: Consumer

Reference Last Previous Units Frequency
Consumer Confidence Nov 2019 -10.3 -9.1 SA Monthly
Real Retail Sales Oct 2019 108.05 104.78 Vol. Index 2015=100, NSA Monthly

Release Information

For Spain, a retail sales index, detailed by type of goods, NUTS 2 subnational area. Monthly from 1995.

The source writes:

The objective of the Retail Trade Indices is to ascertain the main characteristics of companies dedicated to retail trade in Spain, which allows for the short-term measurement of activity evolution within the sector. Retail sales turnover indices based on both current and constant prices are available for several main sectors. Turnover data calculated for department stores is also available.

Retail Sales Turnover covers the amounts invoiced by the company during the reference month pertaining to the sale of goods and provision of services that are the object of company traffic, both in the exercising of their main activity, as well as with regards to any other secondary activity carried out by the company. They are recorded in net terms after deducting sales refunds, as well as volume discounts over sales. Not deducted are cash discounts nor discounts for prompt payment.

Retail sales turnover covers all amounts invoiced by the unit (company) during the reference period, which includes all commercial sales of goods and services supplied to third parties that are the object of the company's traffic. With the aim of classifying revenues, goods under transaction are grouped according to the CPI classification groups.

Information collection is carried out through the INE Provincial Delegations, with companies completing a monthly questionnaire. Mail has been the data collection procedure employed, with telephone and fax support. Only companies whose main activity is registered within Division 52 (except 52.7 Repair of personal effects) of section G of the National Classification of Economic Activities (NCEA-93) receive the questionnaire.

Information collection at the provincial INE delegations is done in line with the following calendar:

  • End of the reference month (T): the questionnaires are forwarded to companies.
  • T+7: The questionnaires reach the delegation. Recording and filtering processes.
  • T+18: Central Services receive the recorded questionnaires. Filtering and calculation of the indices.
  • T+30: Publication of results.

The retail trade indices at constant prices show the evolution of sales within the retail sector once the effect that prices have on the aforementioned sales have been eliminated.

The calendar effect (WDA) determines the differences that arise in a variable due to the different structure of the months (both in terms of the number of days as well as in the makeup of working days and public holidays) when the remaining factors that influence said variable are constant.