Seasonally Adjusted Retail Sales Index - All Businesses | ||
(Base Year 2015 = 100) | ||
Volume Index | Value Index | |
April 2018 | 110.9 | 107.4 |
March 2018 | 109.3 | 100.6 |
April 2017 | 105.9 | 103.6 |
Monthly % change | 1.5 | 6.8 |
Annual % change | 4.8 | 3.8 |
Seasonally adjusted, the volume of retail sales increased by 1.5% in the month of April, with an annual increase of 4.8%. See Table 1. If Motor Trades are excluded, there was an increase of 1.0% in the volume of retail sales in April 2018 when compared with March 2018 and there was an increase of 3.8% in the annual figure. See Table 2.
The sectors with the largest monthly volume increases were Furniture & Lighting (13.2%) and Fuel (5.6%). See Table 3. The sectors with the largest month on month volume decreases were Electrical Goods (-3.0%) and Department Stores (-1.0%).
There was an increase of 6.8% in the value of retail sales in April 2018 when compared with March 2018 and there was an annual increase of 3.8% when compared with April 2017. If Motor Trades are excluded there was an increase of 1.0% in the month and an increase of 1.8% in the annual figure.
Unadjusted indices are available on CSO Statbank.
Business Sectors | Annual change | Monthly change |
---|---|---|
All Businesses | 4.8 | 1.5 |
All Businesses excl. Motor Trades | 3.8 | 1 |
All Businesses excl. Motor Trades & Bars | 4.3 | 1.4 |
Motors & Fuel | 3.7 | 1.1 |
All Businesses excl. Motor Trades, Fuel & Bars | 4.5 | 1.2 |
Food Businesses | 4 | -0.3 |
Non-Food (excl. Motor trades, Fuel & Bars) | 4.3 | 2.3 |
Household Equipment | 8.9 | 3.9 |
Books, Newspapers, Stationery & Other Goods | 3.9 | 5.1 |
Table 1 Seasonally Adjusted Indices of Total Retail Sales 1 | |||||||||
Base Year: 2015=100 | |||||||||
Total Retail Sales for all Businesses Combined | |||||||||
Period | Value of Sales | Volume of Sales | |||||||
Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | ||||
2015 | Year | 100.2 | 100.3 | ||||||
2016 | Year | 103.7 | 3.8 | 3.8 | 106.6 | 6.7 | 6.7 | ||
2017 | Year | 104.3 | 0.6 | 0.6 | 109.7 | 2.9 | 2.9 | ||
2016 | 2nd quarter | 103.4 | -2.1 | 4.6 | 103.6 | -4.0 | 7.3 | ||
3rd quarter | 104.0 | 0.6 | 2.3 | 108.9 | 5.2 | 4.8 | |||
4th quarter | 101.8 | -2.1 | -0.3 | 105.9 | -2.8 | 2.5 | |||
2017 | 1st quarter | 104.7 | 2.9 | -0.9 | 109.5 | 3.4 | 1.4 | ||
2nd quarter | 103.3 | -1.4 | -0.1 | 105.6 | -3.5 | 2.0 | |||
3rd quarter | 104.3 | 1.0 | 0.3 | 112.2 | 6.3 | 3.0 | |||
4th quarter | 104.9 | 0.5 | 3.0 | 111.3 | -0.8 | 5.1 | |||
2018 | 1st quarter | 103.9 | -0.9 | -0.8 | 110.6 | -0.6 | 1.0 | ||
2016 | November | 101.9 | 0.5 | 0.0 | 106.1 | 0.3 | 2.4 | ||
December | 102.2 | 0.3 | -0.7 | 105.7 | -0.4 | 2.6 | |||
2017 | January | 105.7 | 3.5 | 0.5 | 109.4 | 3.5 | 3.1 | ||
February | 105.1 | -0.6 | -2.5 | 108.9 | -0.4 | -0.9 | |||
March | 103.4 | -1.6 | -0.6 | 110.0 | 1.0 | 2.2 | |||
April | 103.6 | 0.2 | -2.0 | 105.9 | -3.8 | -0.4 | |||
May | 104.1 | 0.6 | -0.5 | 109.0 | 3.0 | 1.9 | |||
June | 102.1 | -1.9 | 2.4 | 102.0 | -6.4 | 4.6 | |||
July | 105.4 | 3.2 | -0.8 | 116.8 | 14.5 | 2.6 | |||
August | 104.6 | -0.8 | 0.1 | 110.7 | -5.2 | 2.4 | |||
September | 103.1 | -1.4 | 1.7 | 109.2 | -1.3 | 4.2 | |||
October | 103.3 | 0.3 | 1.9 | 110.0 | 0.7 | 4.0 | |||
November | 106.1 | 2.6 | 4.1 | 112.3 | 2.2 | 5.8 | |||
December | 105.2 | -0.8 | 3.0 | 111.6 | -0.7 | 5.5 | |||
2018 | January | 105.5 | 0.2 | -0.3 | 111.1 | -0.4 | 1.6 | ||
February | 105.7 | 0.2 | 0.6 | 111.4 | 0.2 | 2.3 | |||
March | 100.6 | -4.8 | -2.7 | 109.3 | -1.9 | -0.7 | |||
April2 | 107.4 | 6.8 | 3.8 | 110.9 | 1.5 | 4.8 | |||
1Based on Seasonal Patterns up to April 2018 | |||||||||
2Provisional value and volume of sales indices based on early returns from sample retailers |
Table 2 Seasonally Adjusted Indices of Total Retail Sales (Excluding Motor Trades)1 | |||||||||
Base Year: 2015=100 | |||||||||
Total Retail Sales for all Businesses Combined (Excl Motor Trades) | |||||||||
Period | Value of Sales | Volume of Sales | |||||||
Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | ||||
2015 | Year | 100.2 | 100.3 | ||||||
2016 | Year | 99.5 | 0.1 | 0.1 | 102.7 | 3.2 | 3.2 | ||
2017 | Year | 101.5 | 2.0 | 2.0 | 107.1 | 4.3 | 4.3 | ||
2016 | 2nd quarter | 100.0 | -0.3 | 1.0 | 102.9 | -0.8 | 4.5 | ||
3rd quarter | 99.3 | -0.7 | -1.0 | 102.5 | -0.4 | 1.7 | |||
4th quarter | 98.8 | -0.5 | -2.2 | 102.1 | -0.4 | 1.0 | |||
2017 | 1st quarter | 100.1 | 1.3 | -0.1 | 104.7 | 2.6 | 0.9 | ||
2nd quarter | 101.1 | 1.0 | 1.1 | 106.7 | 2.0 | 3.7 | |||
3rd quarter | 101.7 | 0.6 | 2.4 | 107.8 | 1.0 | 5.2 | |||
4th quarter | 102.8 | 1.1 | 4.1 | 108.9 | 1.0 | 6.7 | |||
2018 | 1st quarter | 102.2 | -0.6 | 2.1 | 109.3 | 0.4 | 4.4 | ||
2016 | November | 99.1 | 0.4 | -2.0 | 102.1 | 0.3 | 1.6 | ||
December | 98.8 | -0.3 | -2.5 | 102.2 | 0.1 | 0.4 | |||
2017 | January | 100.0 | 1.3 | 0.5 | 104.2 | 2.0 | 1.5 | ||
February | 99.7 | -0.3 | -0.8 | 104.0 | -0.2 | -0.1 | |||
March | 100.6 | 0.9 | 0.1 | 105.7 | 1.6 | 1.3 | |||
April | 100.3 | -0.3 | 0.1 | 105.4 | -0.3 | 2.1 | |||
May | 101.5 | 1.2 | 0.4 | 107.4 | 1.8 | 2.9 | |||
June | 101.4 | -0.1 | 2.9 | 107.3 | 0.0 | 6.1 | |||
July | 101.5 | 0.1 | 3.3 | 107.7 | 0.3 | 6.5 | |||
August | 101.7 | 0.2 | 0.6 | 107.8 | 0.1 | 2.9 | |||
September | 101.8 | 0.0 | 3.5 | 108.0 | 0.1 | 6.2 | |||
October | 101.9 | 0.1 | 3.3 | 107.7 | -0.2 | 5.8 | |||
November | 104.3 | 2.3 | 5.3 | 110.1 | 2.2 | 7.8 | |||
December | 102.3 | -1.9 | 3.6 | 108.8 | -1.1 | 6.5 | |||
2018 | January | 102.8 | 0.5 | 2.7 | 109.7 | 0.8 | 5.3 | ||
February | 102.9 | 0.1 | 3.1 | 109.8 | 0.1 | 5.5 | |||
March | 101.1 | -1.7 | 0.4 | 108.4 | -1.3 | 2.5 | |||
April2 | 102.1 | 1.0 | 1.8 | 109.5 | 1.0 | 3.8 | |||
1Based on Seasonal Patterns up to April 2018 | |||||||||
2Provisional value and volume of sales indices based on early returns from sample retailers |
Table 3 Seasonally Adjusted1 Value and Volume Indices of Retail Sales for 13 Retail Businesses2 - Provisional Results April 2018 | |||||||
Base Year: 2015=100 | |||||||
April 2018 | |||||||
Retail Business - NACE REV 2 | Value of Sales | Volume of Sales | |||||
Index | Monthly % change | Annual % change | Index | Monthly % change | Annual % change | ||
Motor Trades | 116.6 | 8.7 | 6.4 | 112.6 | 1.3 | 9.1 | |
Non-Specialised Stores (incl. Supermarkets) | 107.9 | -0.3 | 2.7 | 112.8 | -0.2 | 4.2 | |
Department Stores | 95.2 | 1.4 | -2.2 | 106.5 | -1.0 | 1.7 | |
Food, Beverages & Tobacco | 97.2 | 2.5 | 2.0 | 106.1 | 3.6 | 3.7 | |
Fuel | 107.8 | 7.3 | 4.9 | 105.8 | 5.6 | 3.5 | |
Pharmaceuticals, Medical & Cosmetic Articles | 103.4 | 2.5 | 1.4 | 113.6 | 2.5 | 6.6 | |
Clothing, Footwear & Textiles | 103.8 | 2.6 | -1.2 | 113.1 | 3.6 | 1.3 | |
Furniture & Lighting | 124.5 | 17.0 | 9.5 | 141.7 | 13.2 | 11.4 | |
Hardware, Paints & Glass | 109.9 | 3.2 | 1.0 | 116.8 | 3.1 | 3.1 | |
Electrical Goods | 97.5 | -3.6 | -4.8 | 128.5 | -3.0 | 7.3 | |
Books, Newspapers & Stationery | 100.9 | 0.8 | 9.6 | 101.3 | 1.6 | 7.3 | |
Other Retail Sales | 80.1 | 9.9 | 8.9 | 87.1 | 4.4 | 3.6 | |
Bars | 110.8 | 2.1 | 1.9 | 108.0 | 1.1 | -0.3 | |
All Businesses | 107.4 | 6.8 | 3.8 | 110.9 | 1.5 | 4.8 | |
Combined Groups | |||||||
All Businesses excl. Motor Trades | 102.1 | 1.0 | 1.8 | 109.5 | 1.0 | 3.8 | |
All Businesses excl. Motor Trades & Bars | 101.7 | 1.6 | 2.0 | 109.6 | 1.4 | 4.3 | |
Motors & Fuel | 112.5 | 4.6 | 5.1 | 113.5 | 1.1 | 3.7 | |
All Businesses excl. Motor Trades, Fuel & Bars | 101.4 | 1.4 | 2.0 | 109.9 | 1.2 | 4.5 | |
Food Businesses | 106.3 | -0.6 | 1.9 | 111.7 | -0.3 | 4.0 | |
Non-Food (excl. Motor Trades, Fuel & Bars) | 97.0 | 3.3 | 1.4 | 108.0 | 2.3 | 4.3 | |
Household Equipment | 108.0 | 2.9 | 2.5 | 129.1 | 3.9 | 8.9 | |
Books, Newspapers, Stationery & Other Goods | 83.5 | 12.6 | 9.1 | 89.5 | 5.1 | 3.9 | |
1Based on Seasonal Patterns up to April 2018, individual series are independently adjusted | |||||||
2See Background Notes for further detail |
Table 4 Seasonally Adjusted1 Value and Volume Indices of Retail Sales for 13 Retail Businesses2 - Final Results March 2018 | |||||||
Base Year: 2015=100 | |||||||
March 2018 | |||||||
Retail Business - NACE REV 2 | Value of Sales | Volume of Sales | |||||
Index | Monthly % change | Annual % change | Index | Monthly % change | Annual % change | ||
Motor Trades | 107.3 | -3.0 | -4.2 | 111.3 | -3.5 | -4.8 | |
Non-Specialised Stores (incl. Supermarkets) | 108.2 | -0.9 | 3.6 | 113.0 | -0.8 | 5.2 | |
Department Stores | 93.9 | -3.4 | 2.0 | 107.5 | -1.4 | 5.5 | |
Food, Beverages & Tobacco | 94.8 | -1.2 | -5.5 | 102.4 | -1.0 | -3.1 | |
Fuel | 100.4 | -6.7 | -5.6 | 100.2 | -4.5 | -4.5 | |
Pharmaceuticals, Medical & Cosmetic Articles | 100.9 | -1.2 | -2.1 | 110.9 | -0.7 | 1.8 | |
Clothing, Footwear & Textiles | 101.2 | -3.9 | -4.2 | 109.2 | -4.1 | -1.7 | |
Furniture & Lighting | 106.4 | -13.8 | -3.5 | 125.2 | -9.4 | 1.4 | |
Hardware, Paints & Glass | 106.5 | -11.1 | -2.5 | 113.3 | -12.0 | -0.7 | |
Electrical Goods | 101.2 | 1.5 | 0.8 | 132.5 | 1.7 | 13.0 | |
Books, Newspapers & Stationery | 100.1 | 1.0 | 4.3 | 99.7 | 0.8 | 3.5 | |
Other Retail Sales | 72.9 | -8.3 | -4.3 | 83.4 | -3.0 | -4.8 | |
Bars | 108.5 | 0.3 | 1.8 | 106.8 | 0.9 | -0.8 | |
All Businesses | 100.6 | -4.8 | -2.7 | 109.3 | -1.9 | -0.7 | |
Combined Groups | |||||||
All Businesses excl. Motor Trades | 101.1 | -1.7 | 0.4 | 108.4 | -1.3 | 2.5 | |
All Businesses excl. Motor Trades & Bars | 100.1 | -2.4 | 0.2 | 108.0 | -1.9 | 2.5 | |
Motors & Fuel | 107.6 | -2.4 | -4.1 | 112.3 | -0.8 | -2.9 | |
All Businesses excl. Motor Trades, Fuel & Bars | 100.0 | -2.2 | 0.4 | 108.7 | -1.5 | 2.9 | |
Food Businesses | 106.9 | -0.7 | 3.2 | 112.0 | -0.8 | 4.6 | |
Non-Food (excl. Motor Trades, Fuel & Bars) | 93.9 | -4.0 | -2.3 | 105.5 | -2.8 | 1.3 | |
Household Equipment | 105.0 | -4.2 | -1.3 | 124.3 | -5.0 | 5.4 | |
Books, Newspapers, Stationery & Other Goods | 74.2 | -9.8 | -3.8 | 85.1 | -3.0 | -3.9 | |
1Based on Seasonal Patterns up to April 2018, individual series are independently adjusted | |||||||
2See Background Notes for further detail |
Table 5 Seasonally Adjusted1 Value and Volume Indices of Retail Sales for 13 Retail Businesses2 - 3 Monthly Provisional Estimates | |||||||
(Provisional Estimates) | Base Year: 2015=100 | ||||||
February 2018 - April 2018 | |||||||
Retail Business - NACE REV 2 | Value of Sales | Volume of Sales | |||||
Index | % change on previous period | Annual % change | Index | % change on previous period | Annual % change | ||
Motor Trades | 111.2 | 0.0 | -0.8 | 112.9 | -4.0 | 0.1 | |
Non-Specialised Stores (incl. supermarkets) | 108.4 | 0.8 | 3.9 | 113.2 | 1.4 | 5.2 | |
Department Stores | 95.3 | -3.0 | 0.6 | 107.7 | -1.2 | 4.4 | |
Food, Beverages & Tobacco | 95.9 | -2.4 | -2.6 | 103.8 | -0.5 | -0.5 | |
Fuel | 104.9 | -0.9 | 0.1 | 103.4 | -1.0 | -0.1 | |
Pharmaceuticals, Medical & Cosmetic Articles | 102.1 | -1.7 | -0.5 | 111.9 | -0.5 | 3.8 | |
Clothing, Footwear & Textiles | 103.2 | -2.8 | -2.1 | 111.8 | -2.3 | 0.8 | |
Furniture & Lighting | 117.2 | -4.7 | 3.0 | 134.2 | -3.0 | 7.6 | |
Hardware, Paints & Glass | 111.6 | -1.5 | 2.6 | 119.1 | -2.6 | 4.8 | |
Electrical Goods | 99.6 | -5.1 | -1.0 | 130.6 | -3.9 | 11.1 | |
Books, Newspapers & Stationery | 100.0 | 1.2 | 5.2 | 100.0 | 0.9 | 3.3 | |
Other Retail Sales | 77.1 | -3.8 | 3.7 | 85.4 | 2.6 | 1.4 | |
Bars | 109.1 | 1.2 | 1.5 | 106.9 | 0.9 | -0.9 | |
All Businesses | 104.3 | -1.2 | 0.3 | 110.4 | -1.1 | 1.9 | |
Combined Groups | |||||||
All Businesses excl. Motor Trades | 101.9 | -1.1 | 1.7 | 109.2 | -0.3 | 3.8 | |
All Businesses excl. Motor Trades & Bars | 101.4 | -1.2 | 1.7 | 109.2 | -0.6 | 4.1 | |
Motors & Fuel | 109.9 | 0.1 | -1.0 | 112.9 | -1.5 | -0.4 | |
All Businesses excl. Motor Trades, Fuel & Bars | 101.1 | -1.2 | 1.8 | 109.6 | -0.5 | 4.4 | |
Food Businesses | 106.9 | 0.4 | 3.2 | 112.2 | 1.2 | 4.7 | |
Non-Food (excl. Motor Trades, Fuel & Bars) | 96.0 | -3.1 | 0.4 | 107.2 | -2.0 | 3.9 | |
Household Equipment | 107.3 | -3.5 | 1.6 | 127.8 | -3.6 | 8.6 | |
Books, Newspapers, Stationery & Other Goods | 79.5 | -3.2 | 3.8 | 87.3 | 3.0 | 1.5 | |
1Based on Seasonal Patterns up to April 2018, individual series are independently adjusted | |||||||
2See Background Notes for further detail |
An updated Retail Sales Index (RSI) has been introduced in the January 2018 release. The underlying methodology remains unchanged. The index is primarily intended to measure short-term trends. For long term analysis, allowance must be made for the fact that the series does not reflect changes in retail structures between updates.
The March 2018 period covers the 5 weeks from 25/02/18 to 31/03/18 and the April 2018 period covers the 4 weeks from 01/04/18 to 28/04/18.
This set of monthly retail sales indices has been compiled with reference to base year 2015=100. The underlying structural weighting system is mainly based on the 2015 Annual Services Inquiry. Weights are updated from year to year using ratios of average weekly turnover by size class within business type.
The Retail Sales Index covers, on a matched sample basis, the retail sales of retail businesses, wholesale businesses with sizeable retailing activity, and the separate sales establishments of non-distribution enterprises. Excluded from the index coverage are the direct retail sales from non-distribution establishments together with the incidental retail sales of wholesale businesses. Also excluded are sales by exclusively online retailers, hawkers, street stalls, and other retailing activities not conducted from permanent business premises. The RSI does include internet/online sales of enterprises which have a presence in Ireland but these sales are included under the primary activity of the enterprise, e.g. online grocery sales are included in Non Specialised Stores. The statistical unit used for reporting sales figures in this inquiry is the enterprise (i.e. complete business covering all branches).
The business categories are based mainly on the Statistical Classification of Economic Activities in the European Community (NACE Rev. 2). The index system is structured on the retailing enterprises covered in the 2015 Annual Services Inquiry classified by 13 retail business categories and four turnover (excluding VAT) ranges. The following NACE Rev.2 categories apply:
For a full NACE Rev2 breakdown of the above categories see attached link to the Retail Sales Index Methodological Documents.
The value indices are calculated by updating the aggregate 2015 retail turnover (including VAT) of these enterprises in these cells using the monthly retail sales data provided by the enterprise respondent panel from 2015 onwards.
The compilation of the index for a current month is based on the percentage change in average weekly sales in these cells over the corresponding monthly period of the previous year. The monthly volume indices are calculated by deflating the seasonally unadjusted value indices by specially constructed retail price indices derived from the Consumer Price Index (CPI). A copy of the Retail Sales Index methodology is available on our website (www.cso.ie).
All Retail Sales “unadjusted” series are trading day adjusted as they are based on either a standardised four or five week reporting period (see reference period note above). Seasonal adjustment is conducted using the direct seasonal adjustment approach. Under this approach each individual series is independently adjusted, e.g. aggregate series are adjusted without reference to the component series. Each individual seasonally adjusted series is calculated based on unadjusted data spanning from January 2010 to the current period.
The adjustments are completed by applying the X-13-ARIMA model, developed by the U.S. Census Bureau, to the unadjusted data. For additional information on the use of X-13ARIMA-SEATS see (Findley, D.F., B.C. Monsell, W.R. Bell, M.C. Otto, and B. Chen (1998), “New Capabilities and Methods of the X-12-Arima Seasonal Adjustment Program”, Journal of Business & Economic Statistics, 16, pp. 127-177.) and http://www.census.gov/srd/www/x13as/.
This methodology estimates seasonal factors while also taking into consideration factors that impact on the quality of the seasonal adjustment, such as:
The rebasing of the series is in line with EU recommendations to update the base reference periods at regular five-year intervals. This new series replaces the existing series to base year 2010 as 100.
The difference in the new rebased RSI series is the use of new cell and sector baseweights taken from the ASI 2015. The existing cell structure/breakdown was maintained in this series.
The new baseweights are updated each month using changes to respondents’ monthly turnover. The rebase also includes the reclassification of enterprises based on their current product profile.
Detail of the methodology used in the RSI are available on Methodological Documents page.
Reference
A detailed description of the Retail Sales Index is available on the Retail Sales Index page. Retrospective details for the current and previous series are also available on the CSO website.
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