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Turnover in retail trade, February 2020

Retail trade increased in February

Statistical news from Statistics Sweden 2020-03-27 9.30

The retail trade sales volume increased by 2.8 percent in February 2020 compared with the same month a year ago. Retail sales in consumables (excluding Systembolaget, the state-owned chain of liquor stores) increased by 2.2 percent, while retail sales in durables increased by 4.7 percent. These figures are working-day adjusted and in fixed prices.

In fixed prices, and in non-working-day adjusted figures, total retail trade increased by 6.5 percent. Consumables (such as goods sold in department stores and specialised grocery stores, excluding Systembolaget) increased by 5.9 percent, while durables (such as goods sold in clothing stores, furniture stores, second-hand goods stores and mail-order houses) increased by 8.5 percent.

Turnover in retail trade measured in current prices increased by 7.2 percent in February 2020 compared with the same month a year ago. Retail sales in consumables (excluding Systembolaget) increased by 8.6 percent and sales in durables increased by 7.9 percent.

In seasonally adjusted figures, retail trade increased by 0.2 percent between January and February 2020. In the last three-month period (December-February), sales increased by 0.3 percent compared with the previous three-month period (September-November). Both of these figures are expressed in fixed prices, working-day and seasonally adjusted.

As the reference period is February, any effects of the coronavirus pandemic are not visible in the statistics.

Working-day adjusted annual development
Turnover in retail trade, February 2020

Seasonally adjusted monthly development
Turnover in retail trade, February 2020

Definitions and explanations

Total retail trade here refers to NACE 47 excluding 47.3.
Trade in consumables (excluding Systembolaget) here refers to NACE 47.11 and 47.2. excluding 47.25.
Trade in durables here refers to NACE 47.19 and 47.4–47.9.

Revisions

When the Retail Trade Index is published for a new month, the indices for previous months are also revised if new information has been added. From April 2015, a new method of calculating definitive statistics was introduced. The new method primarily entails that administrative data from the Swedish Tax Agency is used quarterly to increase the number of companies that are investigated and reduce the burden on the companies to contribute data. This means that definitive quarterly statistics are based on a calculation for all the companies in the population. The reason for using administrative data every quarter is to improve the quality of the Retail Trade Index.

Usually the material is revised between two and four months backwards depending on where in the quarter the reference month is. In connection with the publication of the first and second month in a quarter, the entire previous quarter is revised. The series, corrected for calendar and seasonal effects and trend estimates, is always revised from January 1991 and forward.

Information regarding major revisions will be published at Turnover in the service sector.

Next publishing will be

Data concerning March 2020 will be published on 28 April.

Statistical Database

More information is available in the Statistical Database

Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.

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Statistics Sweden, ICT, Business cycle and R&D unit

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