Portugal - Retail Sales

For Portugal, the aim of the index of turnover (sales), employment, wage and hours worked in retail trade is to show the evolution of the market for goods and services in a given sector (a.k.a. distributive trade, domestic trade, internal trade). The source conducts a monthly survey on turnover and employment in retail trade. Monthly from 2000.

Sales index

Active:

• Classification: CAE Rev. 3, the localization of NACE Rev. 2
• Measurements:
  • Fixed-base volume index relative to 2021 (Vol. Index 2021=100)
  • Value index (Index 2021=100)
• Adjustments:
  • Calendar day adjusted and seasonally adjusted (CDASA)
  • Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start date: Uniformly 2021m1

Predecessors:

• 2015=100 - 2010m1 to 2023m11 ("_15")
• 2010=100 - 2010m1 to 2017m4 ("_10")
• 2005=100 - 2000m1 to 2013m9 ("_05")
• 2000=100 - 2000m1 to 2008m12 ("00")
• 1995=100 - 1997m1 to 2002m7 ("95")

Global concept aliases:

• WRT$.IPRT
• WRT.IPRT

Labor index

Active:

• Classification: CAE Rev. 3, the localization of NACE Rev. 2
• Measurement: Fixed-base value index relative to 2021 (Index 2021=100)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start date: Uniformly 2021m1

Predecessors:

• 2015=100 - 2010m1 to 2023m11 ("_15")
• 2010=100 - 2010m1 to 2017m4 ("_10")
• 2005=100 - 2000m1 to 2013m9 ("_05")
• 2000=100 - 2000m1 to 2008m12 ("00")

The source writes:

The source surveys companies based in the national territory, with a main activity that falls within industry, construction and public works, retail or services. 

The employment index is not-seasonally adjusted. The retail sales indices are reported as not seasonally adjusted (NSA), seasonally adjusted (SA), calendar-day adjusted (CDA), and calendar day adjusted and seasonally adjusted (CDASA). Each retail sales index has a deflated retail sales volume index counterpart of the same seasonal adjustment reported. 

The main activity is the activity that represents the most important activity carried out by the company and is classified by NACE rev.2.

Employment includes any persons engaged in productive activity. 

The source defines a company as a legal entity (natural or legal person) corresponding to one unit organization of production of goods and / or services, enjoying a certain autonomy particularly in relation to the allocation of its current resources. A company may carry out one or more activities in one or more locations.

Hours effectively worked - Total number of hours that the staff in the service actually devoted to work. Includes overtime. It also includes the time spent at the workplace in work such as preparation of working tools and maintenance of tools, the time of dead but paid work, due to occasional absences from work, shutdown of machinery or accidents and short breaks for coffee. Excludes hours of absence regardless of whether they have been remunerated
or not.

Provision of services - All works and services that are specific to the main objectives or purposes of the statistical unit of observation. It includes the materials applied in the case of billed separately.

Finished products - Products that are ready for sale or shipping by the producer.

Moody's Analytics supplements

For the sales general index (value and volume variants), we back-extend over the interval 2000m1 to 2020m12.

Every month when new data is released, the source reviews the previous two months data. Every March, when data is released, the source reviews the previous year’s data. 

The index base is advanced approximately every fifth year.

Further reading

At the source:

• 136 - Índices de Volume de Negócios e Emprego (Base 2010=100)
• 136 - Índices de Volume de Negócios e Emprego (Base 2015=100)

• Sep 2005 - Initial version.
• Apr 2009 - Reclassified to CAE Rev. 2, rebased to 2005.
• Dec 2013 - Rebased to 2010.
• Aug 2017 - Rebased to 2015.
• 6 Mar 2024 - Rebased to 2021: Properties, Further reading.