The volume of sales decreases in trade and repair of motor vehicles and in wholesale trade - June 2024
The volume of sales in the wholesale and retail trade and repair of motor vehicles and motorcycles decreased by 13.7% in June 2024 compared to June 2023. In the wholesale trade excluding repair of motor vehicles and motorcycles the volume of sales decreased by 5.9% in June 2024 compared to June 2023.
For more information
Statbel publishes these indices according to REGULATION (EU) 2019/2152 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 27 November 2019 on European business statistics as regards trade (excluding retail trade). According to that regulation, the indices are established on a monthly basis from reference year 2021 onwards. This statistic is the successor to the statistic “Turnover in the service sector (according to VAT returns)”, which was published on a quarterly basis for the reference years 2000 to 2023.
Monthly indices are expressed with reference year 2021=100. In addition to gross indices, Statbel publishes indices adjusted for seasonal and working day variations.
Purpose and brief description
Evolution of turnover in the sectors “Wholesale and retail trade and repair of motor vehicles and motorcycles” (NACE division 45), “Wholesale trade, except of motor vehicles and motorcycles” (NACE division 46) and “Wholesale and retail trade; repair of motor vehicles and motorcycles” (NACE section G).
The indices of turnover provide information on the volume and value of turnover in NACE section G, in NACE divisions 45 and 46 and in the groups of these divisions (451 to 454 and 461 to 469). Not only the gross indices are published, but also the deflated indices. The deflated indices take the price changes of the products sold into account.
The legal basis for these indices is REGULATION (EU) 2019/2152 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 27 November 2019 on European business statistics as regards trade. Based on this regulation, (deflated) indices are calculated for turnover in value and in quantity with a monthly frequency. Before this regulation came into force, indices were only calculated in value and at a quarterly frequency. These indices are available on the page “Turnover in the services sector (according to VAT returns)”
Reference year
Since 2024, Statbel has been publishing indices calculated on a monthly basis with reference year 2021=100. The series with a monthly frequency are available as of the year 2021.
For the period 2000-2023, indices are calculated on a quarterly basis with reference year 2015=100. These series remain available, but will no longer be updated. So these files end in the 4th quarter of 2023.
Population
Enterprises with a main economic activity in the NACE divisions 45 and 46 and in the NACE section G.
Periodicity
Monthly since the year 2021: indices in value and deflated indices.
Quarterly for the years 2000 to 2023: indices in value.
Release calendar
Results available 2 months after the reference period.
Definitions
Economic activity (NACE-BEL): classification of economic activities, version of 2008
Gross index: gross index of turnover in value.
Index (SA-WDA): index of turnover in value, seasonally adjusted and working-day adjusted
Index (WDA): index of turnover in value, working-day adjusted
Deflated gross index: deflated gross index of turnover
Deflated index (SA-WDA): deflated index of turnover seasonally adjusted and working-day adjusted
Deflated index (WDA): deflated index of turnover, working day adjusted