Mnemonic | WRT.IDNK | |
---|---|---|
Unit | Index 2015=100, SA | |
Adjustments | Seasonally Adjusted | |
Monthly | 1.3 % | |
Data | Dec 2023 | 121.4 |
Nov 2023 | 123 |
Source | Statistics Denmark |
Release | Retail Trade Index |
Frequency | Monthly |
Start Date | 1/31/2000 |
End Date | 12/31/2023 |
Reference | Last | Previous | Units | Frequency | |
---|---|---|---|---|---|
Consumer Confidence | Feb 2024 | -7.4 | -8.4 | %, NSA | Monthly |
Retail Sales | Dec 2023 | 121.4 | 123 | Index 2015=100, SA | Monthly |
Personal Income | 2022 | 1,307,172,616 | 1,298,898,288 | Ths. DKK | Annual |
For Denmark, the Retail Trade Index serves to analyse and explain the development in turnover within the different sectors of retail trade, which is the important part of private consumption. Monthly from 2000.
Active:
Predecessors:
Source tables:
Global concept aliases:
The retail sales index describes 43 industries and 3 main product categories of food and other groceries, clothing, etc., and other consumer goods. The statistics are based on data collected from major retailers. A sample survey of around 3500 retail enterprises is conducted by an online form or telephone input and used to collect monthly turnover figures.
Data errors are augmented by comparing the development in revenue among companies that are similar, for example. The collected data are extrapolated to the population, etc., including information on the taxable sales for the last quarter of the entire population of retail companies. The listed turnovers indexed on the industry, item group and total level. Item group and total index are seasonally adjusted.
In the first publication released 20-22 days after the end of the reference period, only publisted figured on 3 main product groups are released.
At first publication of figures on the main commodity groups during the month following publication for the first time figures for the previous month on the detailed industry level.At the same time revised the previously published figures for the main product groups.The time of publication of these figures is 50-52 days.
Two months after the first publication of the main commodity groups, revised figures for the second and last time. At the same time revised trade figures for the same month for the first and only time. Release time of the final figure is 70-72 days for the main categories and Industry figures.
For larger method shifts or observation error, the figures are revised further back in time.This was last done in May 2012, when the whole time series were revised back with new methods