Monthly survey on retail trade 2022Feb

Published on 16 March 2022

Turnover in retail trade rose in February and remained stable overall
over the past 3 months


Note: The trend in retail sales does not reflect that of total household consumption: the latter includes other items such as health care, education and rents.

In February, turnover in retail trade rose by 1.3% compared with January (adjusted for seasonal and working-day variations), after falling by 1.8% the previous month. The increase was observed in both manufactured goods and food.

Over the past three months, retail sales edged down by just 0.4% compared with the previous three-month period, reflecting falls of 1.1% and 0.9% respectively in food and manufactured goods (see note 3 below). Sales of games and toys dropped by 10.8%, footwear by 7.2% and electronics by 5.0%. Conversely, sales of pharmaceuticals proved robust with growth of 7.0%, while automotive equipment sales rose by 4.4% and DIY sales added 2.5%.
Total manufactured goods and food sales: T/T-1 change (%)
Quarter-on-quarter change; seasonally and working-day adjusted volume terms
Notes :
1) The quarter-on-quarter change is calculated as the ratio of the average of the indices for the current quarter (December-January-February) to the average for the previous quarter (September-October-November).
2) Sectors are classified according to the relative weight of the products included in the total aggregate of retail trade (weights are given on the right scale)
3) The aggregated and by sub-sector series are seasonally adjusted on an individual basis: the seasonally adjusted series do not represent the sum of the seasonally adjusted components.
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Updated on 15 March 2022