Seasonally Adjusted Retail Sales Index-All Businesses | ||
(Base Year 2005 = 100) | ||
Volume Index | Value Index | |
May 2012 | 91.1 | 87.3 |
April 2013 | 90.4 | 86.1 |
May 2013 | 90.5 | 85.8 |
Monthly % change | 0.1% | -0.4% |
Annual % change | -0.7% | -1.7% |
The volume of retail sales (i.e. excluding price effects) increased by 0.1% in May 2013 when compared with April 2013 and there was a decrease of 0.7% in the annual figure. (See Table 1). If Motor Trades are excluded, the volume of retail sales increased by 1.4% in May 2013 when compared with April 2013 and there was no change in the annual figure. (See Table 2).
The sectors with the largest month on month volume increases are Hardware Paints & Glass (+14.0%), Food, Beverages & Tobacco- specialised stores (+5.2%) and Clothing, Footwear and Textiles (+3.8%).The sectors with the largest monthly decreases were Motor Trade (-5.5%) and Books, Newspapers & Stationery (-3.9%). (See Table 3).
There was a decrease in the value of retail sales in May 2013 when compared with April 2013 of 0.4% and there was an annual decrease of 1.7% when compared with May 2012. If Motor Trades are excluded, there was a monthly increase of 1.1% in the value of retail sales and an annual decrease of 1.0%.
Table 1 Seasonally Adjusted Indices of Total Retail Sales1 | |||||||||
BaseYear: 2005=100 | |||||||||
Total Retail Sales for all Businesses Combined | |||||||||
Period | Value of Sales | Volume of Sales | |||||||
% change on previous period | % change on previous period | ||||||||
Annual % change | Annual % change | ||||||||
Index | Index | ||||||||
2008 | Year | 110.8 | -4.5 | -4.5 | 107.4 | -6.0 | -6.0 | ||
2009 | Year | 90.9 | -18.0 | -18.0 | 92.6 | -13.8 | -13.8 | ||
2010 | Year | 89.1 | -2.0 | -2.0 | 93.9 | 1.4 | 1.4 | ||
2011 | Year | 88.5 | -0.7 | -0.7 | 93.1 | -0.9 | -0.9 | ||
2012 | Year | 87.9 | -0.7 | -0.7 | 92.1 | -1.1 | -1.1 | ||
2012 | 1st quarter | 87.5 | -0.8 | -0.8 | 91.6 | -1.2 | -1.1 | ||
2nd quarter | 86.6 | -1.0 | -2.9 | 90.6 | -1.1 | -3.5 | |||
3rd quarter | 87.8 | 1.4 | 0.6 | 91.8 | 1.3 | 0.0 | |||
4th quarter | 88.7 | 1.0 | 0.6 | 93.1 | 1.4 | 0.4 | |||
2013 | 1st quarter | 86.4 | -2.6 | -1.3 | 90.6 | -2.7 | -1.1 | ||
2011 | December | 88.9 | 0.5 | 2.6 | 93.3 | 0.5 | 2.5 | ||
2012 | January | 87.4 | -1.6 | -0.3 | 91.7 | -1.7 | -0.8 | ||
February | 86.6 | -1.0 | -2.0 | 90.9 | -0.9 | -2.1 | |||
March | 88.2 | 1.9 | -0.3 | 92.0 | 1.2 | -0.8 | |||
April | 87.2 | -1.1 | -1.3 | 90.7 | -1.4 | -2.0 | |||
May | 87.3 | 0.1 | -1.3 | 91.1 | 0.5 | -1.8 | |||
June | 85.6 | -2.0 | -5.2 | 90.1 | -1.2 | -5.9 | |||
July | 87.2 | 1.9 | -1.2 | 91.2 | 1.3 | -1.2 | |||
August | 87.7 | 0.5 | 0.4 | 91.6 | 0.4 | -0.6 | |||
September | 88.4 | 0.9 | 2.3 | 92.4 | 0.9 | 1.5 | |||
October | 90.0 | 1.8 | 3.5 | 94.6 | 2.3 | 3.1 | |||
November | 88.3 | -1.9 | -0.1 | 92.5 | -2.2 | -0.4 | |||
December | 88.0 | -0.3 | -0.9 | 92.3 | -0.2 | -1.1 | |||
2013 | January | 86.7 | -1.5 | -0.8 | 90.9 | -1.5 | -0.9 | ||
February | 86.8 | 0.1 | 0.2 | 91.1 | 0.2 | 0.2 | |||
March | 85.8 | -1.2 | -2.8 | 90.0 | -1.2 | -2.2 | |||
April | 86.1 | 0.4 | -1.3 | 90.4 | 0.4 | -0.4 | |||
May2 | 85.8 | -0.4 | -1.7 | 90.5 | 0.1 | -0.7 | |||
1Based on Seasonal Patterns up to May 2013 | |||||||||
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: 2005=100 | |||||||||
Total Retail Sales for all Businesses Combined (Excl Motor Trades) | |||||||||
Period | Value of Sales | Volume of Sales | |||||||
% change on previous period | % change on previous period | ||||||||
Annual % change | Annual % change | ||||||||
Index | Index | ||||||||
2008 | Year | 114.9 | -0.8 | -0.8 | 111.5 | -2.5 | -2.5 | ||
2009 | Year | 102.1 | -11.1 | -11.1 | 104.1 | -6.6 | -6.6 | ||
2010 | Year | 97.8 | -4.2 | -4.2 | 103.0 | -1.1 | -1.1 | ||
2011 | Year | 96.0 | -1.8 | -1.8 | 100.3 | -2.6 | -2.6 | ||
2012 | Year | 96.4 | 0.4 | 0.4 | 100.1 | -0.2 | -0.2 | ||
2012 | 1st quarter | 95.4 | 0.1 | -1.4 | 98.8 | -0.6 | -2.1 | ||
2nd quarter | 95.3 | -0.1 | -0.2 | 98.9 | 0.1 | -1.0 | |||
3rd quarter | 96.2 | 0.9 | 1.3 | 99.7 | 0.8 | 0.6 | |||
4th quarter | 97.0 | 0.8 | 1.8 | 100.9 | 1.2 | 1.5 | |||
2013 | 1st quarter | 95.8 | -1.2 | 0.4 | 99.3 | -1.6 | 0.5 | ||
2011 | December | 95.6 | -0.5 | 0.8 | 100.0 | -0.1 | 0.6 | ||
2012 | January | 95.5 | -0.1 | -2.1 | 99.0 | -0.9 | -2.9 | ||
February | 94.8 | -0.8 | -1.7 | 98.4 | -0.6 | -2.0 | |||
March | 95.8 | 1.0 | -0.6 | 99.0 | 0.6 | -1.4 | |||
April | 95.7 | -0.1 | -0.8 | 98.8 | -0.2 | -1.9 | |||
May | 96.5 | 0.8 | 1.8 | 99.7 | 0.9 | 1.1 | |||
June | 93.9 | -2.7 | -1.5 | 98.4 | -1.4 | -1.9 | |||
July | 95.7 | 1.9 | -0.1 | 99.5 | 1.1 | -0.2 | |||
August | 96.2 | 0.5 | 1.5 | 99.5 | 0.0 | 0.4 | |||
September | 96.7 | 0.5 | 2.3 | 100.1 | 0.7 | 1.5 | |||
October | 97.9 | 1.2 | 3.9 | 101.4 | 1.3 | 3.4 | |||
November | 96.6 | -1.4 | 0.5 | 100.4 | -1.0 | 0.3 | |||
December | 96.7 | 0.2 | 1.2 | 100.9 | 0.6 | 1.0 | |||
2013 | January | 96.3 | -0.5 | 0.8 | 99.7 | -1.2 | 0.7 | ||
February | 96.2 | -0.1 | 1.5 | 99.6 | -0.1 | 1.3 | |||
March | 95.2 | -1.0 | -0.6 | 98.7 | -0.9 | -0.3 | |||
April | 94.5 | -0.8 | -1.3 | 98.3 | -0.4 | -0.5 | |||
May2 | 95.5 | 1.1 | -1.0 | 99.7 | 1.4 | 0.0 | |||
1Based on Seasonal Patterns up to May 2013 | |||||||||
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 Businesses | |||||||
(Preliminary Estimates) | Base Year: 2005=100 | ||||||
May 2013 | |||||||
Retail Business - NACE REV 2 | Value of Sales | Volume of Sales | |||||
% change on previous month | Annual % change | % change on previous month | Annual % change | ||||
Index | Index | ||||||
Motor Trades | 54.4 | -5.7 | -5.0 | 60.3 | -5.5 | -3.5 | |
Non-Specialised Stores | 118.5 | 0.0 | -0.3 | 115.5 | 0.4 | -0.7 | |
(excluding Department Stores) | |||||||
Department Stores | 82.6 | 1.7 | 0.5 | 109.4 | 3.5 | 2.4 | |
Food, Beverages & Tobacco | 89.6 | 4.9 | -1.9 | 86.4 | 5.2 | -3.5 | |
Fuel | 110.4 | 0.6 | -2.6 | 78.1 | 3.2 | 1.5 | |
Pharmaceuticals Medical & Cosmetic Articles | 100.0 | -0.7 | -5.0 | 108.5 | 0.7 | -6.3 | |
Clothing, Footwear & Textiles | 79.6 | 3.3 | -3.6 | 112.5 | 3.8 | -1.0 | |
Furniture & Lighting | 51.6 | 3.3 | -2.3 | 75.4 | 3.7 | 3.6 | |
Hardware, Paints & Glass | 76.2 | 12.9 | 4.4 | 81.4 | 14.0 | 7.6 | |
Electrical Goods | 74.9 | -4.1 | -1.1 | 144.9 | -2.8 | 5.5 | |
Books, Newspapers & Stationery | 64.0 | -2.3 | -4.6 | 57.1 | -3.9 | -5.9 | |
Other Retail Sales | 74.9 | 0.2 | -3.6 | 93.5 | 2.8 | 2.3 | |
Bars | 70.7 | -0.2 | 0.8 | 63.1 | 0.7 | -1.6 | |
All Businesses excl. Motor Trades | 95.5 | 1.1 | -1.0 | 99.7 | 1.4 | 0.0 | |
All Businesses | 85.8 | -0.4 | -1.7 | 90.5 | 0.1 | -0.7 | |
Of which:- | |||||||
Combined Groups | |||||||
All Businesses excl. Motor Trades & Bars | 98.9 | 1.4 | -1.2 | 105.1 | 2.5 | 0.2 | |
Motors & Fuel | 66.2 | -3.2 | -4.2 | 64.2 | -3.3 | -2.2 | |
All Businesses excl. Motor Trades, Fuel & Bars | 97.8 | 1.4 | -1.0 | 107.7 | 2.1 | 0.0 | |
Food Businesses | 116.1 | 0.1 | -0.4 | 113.2 | 0.6 | -0.9 | |
Non-Food (excl. Motor Trades, Fuel & Bars) | 79.3 | 2.0 | -2.0 | 101.9 | 2.1 | 1.0 | |
Household Equipment | 72.1 | 5.9 | 1.1 | 107.7 | 5.1 | 6.0 | |
Books, Newspapers Stationery & Other Goods | 72.7 | 0.5 | -4.1 | 86.9 | 1.7 | 1.2 | |
1Based on Seasonal Patterns up to May 2013, individual series are independently adjusted |
Table 4 Seasonally Adjusted1 Value and Volume Indices of Retail Sales for 13 Retail Businesses | |||||||
Base Year: 2005=100 | |||||||
April 2013 | |||||||
Retail Business - NACE REV 2 | Value of Sales | Volume of Sales | |||||
% change on previous month | Annual % change | % change on previous month | Annual % change | ||||
Index | Index | ||||||
Motor Trades | 57.7 | 3.0 | -0.6 | 63.8 | 3.0 | 0.7 | |
Non-Specialised Stores | 118.5 | -1.5 | 0.4 | 115.0 | -1.5 | -0.2 | |
(excluding Department Stores) | |||||||
Department Stores | 81.2 | -3.2 | 0.4 | 105.7 | -3.6 | 1.6 | |
Food, Beverages & Tobacco | 85.5 | -2.8 | -0.5 | 82.1 | -3.3 | -2.5 | |
Fuel | 109.7 | 1.3 | -2.9 | 75.7 | 0.8 | -0.6 | |
Pharmaceuticals Medical & Cosmetic Articles | 100.7 | 3.6 | -0.9 | 107.8 | 3.5 | -2.5 | |
Clothing, Footwear & Textiles | 77.1 | -1.2 | -5.4 | 108.3 | -0.9 | -3.5 | |
Furniture & Lighting | 49.9 | -2.9 | -6.6 | 72.7 | -2.4 | -0.5 | |
Hardware, Paints & Glass | 67.5 | 1.1 | -3.3 | 71.4 | 1.7 | -0.6 | |
Electrical Goods | 78.1 | 1.4 | 2.0 | 149.1 | 2.1 | 8.3 | |
Books, Newspapers & Stationery | 65.5 | 7.9 | -3.8 | 59.4 | 10.3 | -4.1 | |
Other Retail Sales | 74.8 | -0.5 | -5.2 | 91.0 | -0.8 | -0.2 | |
Bars | 70.8 | -0.8 | -2.5 | 62.6 | -0.9 | -5.1 | |
All Businesses excl. Motor Trades | 94.5 | -0.8 | -1.3 | 98.3 | -0.4 | -0.5 | |
All Businesses | 86.1 | 0.4 | -1.3 | 90.4 | 0.4 | -0.4 | |
Of which:- | |||||||
Combined Groups | |||||||
All Businesses excl. Motor Trades & Bars | 97.6 | -0.7 | -1.0 | 102.6 | -0.8 | -0.4 | |
Motors & Fuel | 68.3 | 2.7 | -1.5 | 66.4 | 3.3 | 0.3 | |
All Businesses excl. Motor Trades, Fuel & Bars | 96.4 | -0.9 | -0.9 | 105.5 | -0.7 | -0.3 | |
Food Businesses | 116.0 | -1.1 | 0.1 | 112.5 | -1.0 | -0.7 | |
Non-Food (excl. Motor Trades, Fuel & Bars) | 77.8 | -0.2 | -2.9 | 99.8 | 0.2 | 0.0 | |
Household Equipment | 68.1 | -0.2 | -0.2 | 102.5 | -0.1 | 5.5 | |
Books, Newspapers Stationery & Other Goods | 72.4 | -0.6 | -5.1 | 85.5 | 1.2 | -0.5 | |
1Based on Seasonal Patterns up to May 2013, individual series are independently adjusted |
Table 5 Seasonally Adjusted1 Value and Volume Indices of Retail Sales for 13 Retail Businesses | |||||||
(Preliminary Estimates) | Base Year: 2005=100 | ||||||
March 2013 - May 2013 | |||||||
Retail Business - NACE REV 2 | Value of Sales | Volume of Sales | |||||
% change on previous period | Annual % change | % change on previous period | Annual % change | ||||
Index | Index | ||||||
Motor Trades | 56.1 | -2.6 | -5.9 | 62.0 | -2.2 | -4.6 | |
Non-Specialised Stores | 119.2 | -1.0 | 0.7 | 115.8 | -0.9 | -0.1 | |
(excluding Department Stores) | |||||||
Department Stores | 82.7 | -5.2 | 1.7 | 108.3 | -4.2 | 2.8 | |
Food, Beverages & Tobacco | 87.7 | 0.8 | 0.5 | 84.5 | 0.7 | -1.3 | |
Fuel | 109.4 | -1.4 | -2.7 | 76.2 | 0.9 | -0.4 | |
Pharmaceuticals Medical & Cosmetic Articles | 99.1 | -2.2 | -3.7 | 106.6 | -4.0 | -5.2 | |
Clothing, Footwear & Textiles | 78.2 | -3.0 | -5.2 | 110.0 | -2.0 | -3.3 | |
Furniture & Lighting | 51.0 | 1.6 | -3.8 | 74.2 | 3.5 | 2.1 | |
Hardware, Paints & Glass | 69.9 | -4.0 | -4.4 | 74.0 | -2.8 | -1.7 | |
Electrical Goods | 76.7 | -1.0 | 3.1 | 146.7 | 0.7 | 9.4 | |
Books, Newspapers & Stationery | 63.2 | -4.1 | -7.7 | 56.5 | -5.8 | -8.7 | |
Other Retail Sales | 74.9 | 1.9 | -3.1 | 92.1 | 3.7 | 2.2 | |
Bars | 71.0 | -3.4 | -1.3 | 63.0 | -4.1 | -3.8 | |
All Businesses excl. Motor Trades | 95.1 | -1.3 | -0.9 | 98.9 | -1.2 | -0.3 | |
All Businesses | 85.9 | -1.5 | -1.9 | 90.3 | -1.3 | -1.1 | |
Of which:- | |||||||
Combined Groups | |||||||
All Businesses excl. Motor Trades & Bars | 98.3 | -1.0 | -0.8 | 103.7 | -0.9 | 0.0 | |
Motors & Fuel | 67.0 | -2.5 | -4.7 | 64.9 | -1.1 | -3.4 | |
All Businesses excl. Motor Trades, Fuel & Bars | 97.2 | -0.9 | -0.6 | 106.5 | -0.7 | -0.1 | |
Food Businesses | 116.5 | -0.9 | 0.5 | 113.2 | -0.5 | -0.3 | |
Non-Food (excl. Motor Trades, Fuel & Bars) | 78.3 | -1.3 | -2.2 | 100.4 | -0.3 | 0.7 | |
Household Equipment | 69.4 | -2.0 | 0.1 | 104.1 | -1.3 | 5.7 | |
Books, Newspapers Stationery & Other Goods | 72.7 | 0.8 | -3.7 | 85.5 | 2.8 | 0.7 | |
1Based on Seasonal Patterns up to May 2013, individual series are independently adjusted |
An updated Retail Sales Index (RSI) was introduced in the February 2009 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 April period covers the 4 weeks from 31/03/13 to 27/04/13 and the May 2013 period covers the 4 weeks from 28/04/13 to 25/05/13.
The set of new monthly retail sales indices has been compiled with reference to base year 2005=100. The underlying structural weighting system is mainly based on the 2005 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 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 hawkers, street stalls and other retailing activities not conducted from permanent business premises. 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 2005 Annual Services Inquiry classified by 13 retail business categories and four turnover (excluding VAT) ranges.
The value indices are calculated by updating the aggregate 2005 retail turnover (including VAT) of these enterprises in these cells using the monthly retail sales data provided by the enterprise respondent panel from 2005 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 2000 to the current period.
The adjustments are completed by applying the X-12-ARIMA model, developed by the U.S. Census Bureau to the unadjusted data. This methodology estimates seasonal factors while also taking into consideration factors that impact on the quality of the seasonal adjustment such as:
For additional information on the use of X-12-ARIMA 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 www.census.gov/srd/www/x12a/
A detailed description of the Retail Sales Index is available on the CSO website www.cso.ie
Retrospective details for the current and previous series are also available on the CSO website.
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