Total turnover indices of retail trade enterprises by quarter, at constant prices (NACE Rev. 2)
Retail trade [turnover index]
Retail trade is the resale of new and used goods (sale without transformation), mainly to the general public for personal or household consumption or utilization, carried out at stores, kiosks, trading places, markets, stands, etc., as well as retail trade carried out by enterprises taking mail-orders, street vendors and peddlers, consumer co-operatives, auction houses, etc.
Retail trade also includes retail trade of automotive fuel in filling stations.
Retail trade enterprise is an enterprise main activity of which is retail trade.
Turnover index (types)
Turnover index is an indicator which shows turnover changes during a reference period, in comparison with base period. It is expressed as per cent.
Turnover index in current and constant prices shows the turnover changes in relevant period, when the turnover is at prices of the relevant period. This indicator shows changes, when the turnover of each period is taken in prices of reference period.
Turnover index at constant prices shows the turnover changes in relevant period, when the turnover is recalculated in the prices of base period. As basic prices average prices of 2010 are used. Consumer price index for the relevant commodity or service group is used as deflator. This indicator shows turnover changes, if the prices stayed remained stable in reference time period.
Turnover index against previous period (month/quarter) characterizes the turnover changes within the corresponding period (month/ quarter). This indicator is essentially influenced by the factors of seasonal and calendar character. As very characteristic example the rapid increase of retail sale turnover in December can be mentioned, which is related to Christmas and New Year celebrations.
Turnover index against corresponding period of previous year shows the turnover changes within 12 months or 4 quarters. For example, turnover changes of January 2016 against January 2015 show the turnover changes in January 2016 in comparison with corresponding period a year before. This indicator is used for the calculation of Gross Domestic Product in macroeconomic analysis.
Turnover index over average monthly (quarterly) turnover of 2015 shows changes of turnover of relevant period (monthly/quarterly) compared to average (monthly/quarterly) turnover of 2015.