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Turnover in retail trade, October 2020

Retail trade increased in October

Statistical news from Statistics Sweden 2020-11-27 9.30

In October, the retail trade sales volume increased by 0.5 percent, compared with September 2020. Retail sales in durables increased by 0.9 percent and retail sales in consumables (excluding Systembolaget, the state-owned chain of liquor stores) increased by 0.1 percent. These figures are working-day and seasonally adjusted and in fixed prices.

In the last three-month period (August-October), sales volume in working-day and seasonally adjusted figures increased by 1.0 percent compared with the previous three-month period (May-July). Retail sales in durables increased by 0.7 percent and retail sales in consumables (excluding Systembolaget) increased by 2.8 percent.

In October, the year-on-year growth rate in the volume of retail sales was 3.6 percent in working-day adjusted figures. Retail sales in durables increased by 4.8 percent and retail sales in consumables (excluding Systembolaget) increased by 0.7 percent.

In fixed prices, and in non-working-day adjusted figures, total retail trade increased by 3.8 percent in volume compared with the corresponding period a year ago. Durables increased by 4.1 percent and consumables (excluding Systembolaget) increased by 2.0 percent.

Turnover in retail trade measured in current prices increased by 5.2 percent in October 2020 compared with October 2019. Sales in durables increased by 5.2 percent and retail sales in consumables (excluding Systembolaget) increased by 3.7 percent.

Seasonally adjusted monthly development
Turnover in retail trade, October 2020

Working-day adjusted annual development
Turnover in retail trade, October 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. As from April 2015, a new method is used to calculate final statistics. The new method mainly involves using administrative data from the Swedish Tax Agency on a quarterly basis to increase the number of companies that are surveyed. This means that final quarterly statistics are based on a total tcalculation for all the companies in the frame population. Administrative data is used every quarter with the aim to improve the quality of the Retail Trade Index and decrease the response burden.

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

Information about major revisions is published on the product page: Turnover in the service sector.

Next publishing will be

Data concerning November 2020 will be published on 22 December.

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.

Statistical agency and producer

Statistics Sweden, Innovation, Business sector production and Research section

E-mail
pin@scb.se

E-mail
pin@scb.se

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Johan Nyström

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