The Index of Retail Sales is a quarterly measure of the value of goods sold by retailers based on a sampling of retail stores of different types and sizes. It is an important indicator of movements in retail trade and is computed using the total receipts of a sample of retail establishments. It is therefore, essentially a value index. The series may be used, within limitations, to estimate the quarterly consumer expenditure and, when deflated by the Retail Price Index, can be a useful tool to monitor the volume of retail sales.
Coverage
GEOGRAPHIC COVERAGE
National coverage
UNIT OF ANALYSIS
Business establishments
TYPE OF RETAILER
Dry Goods Stores |
Supermarkets and Groceries |
Construction and Hardware |
Household Appliances, Etc. |
Textiles and Wearing Apparel |
Motor Vehicles and Parts |
Petrol Filling Stations |
Pharmaceuticals and Cosmetics |
Books and Stationery |
Jewellery |
Miscellaneous |
Data Collection
FREQUENCY OF DATA COLLECTION
Quarterly
Latest Release
The All Sections Index of Retail Sales increased by 13.2% from 328.4 in the 3rd quarter 2023 to 371.9 in the 4th quarter 2023. This increase was largely attributable to increases observed in Household Appliances, Furniture and other Furnishings 87.9%; and Textiles and Wearing Apparel 40.6%.
When a year on year analysis is undertaken, the All Sections Index in the 4th Quarter 2023 increased by 4.8% from 354.9 in 4th quarter 2022. Owing mainly to increases in Motor Vehicles and Parts 15.6%; and Supermarkets and Groceries 8.2%
The volume of retail sales in the 4th Quarter 2023 also increased by 12.8%.
(May 12, 2024)
Retail Sales Tables
Retail Sales Index (All Sections)
Base: 2000=100
2023 Q4
You may also be interested in: Merchandise Trade-Imports & Exports Index of Retail Prices Domestic Industrial Production