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  • Economic Calendar Terms

    Retail Sales y/y

    Statistics Denmark - statbank.dk
    Statistics Denmark
    Sejrøgade 11 - 2100 København Ø
    045–3917–3917

    Denmark Total Retail Sales Constant Prices Index.

    The purpose of the Retail Trade Index is to analyse and explain the development in turnover within the different sectors of retail trade, which is the important part of private consumption in Denmark. Provisional and final figures are published approximately 30 and 55 days after the reference period. Food and other basic commodities cover the total turnover at grocers and shops with specialized sales within food and other basic commodities, inclusive department of food in supermarkets, discount stores and department stores. Clothing etc. consists of the turnover in stores with specialized sales within clothing, footwear and textiles inclusive supermarkets, discount stores and department stores sales of these goods. Other consumption goods cover the turnover mainly for stores with sales of equipment for home and leisure together with the supermarkets, discount stores and department stores sales of these goods. Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. Rising retail sales indicate stronger economic growth. However, if the increase