Scottish retail sales grow 0.7 per cent
A National Statistics Publication for Scotland.
Statistics announced today by Scotland’s Chief Statistician in the latest Retail Sales Index for Scotland release, covering the period January to March 2016, show that the volume of Retail Sales in Scotland increased by 0.7 per cent in the first quarter of 2016 and grew by 2.7 per cent annually.
The value of Retail Sales, without adjusting for inflation, grew by 0.1% in the first quarter of 2016 and grew by 0.1 per cent annually.
The full statistical publication is available at http://www.scotland.gov.uk/Topics/Statistics/Browse/Economy/PubRSI/RSIS2016Q1
The Retail Sales Index (RSI) is a measure of the total turnover at basic prices of businesses registered as retailers according to the Standard Industrial Classification (SIC), an internationally agreed convention for classifying industries.
Annual growth rates have been calculated by comparing the latest quarter with the same quarter of the previous year. The Retail Sales Index presents seasonally adjusted data. These statistics are a component of the Scottish Quarterly GDP Publication, accounting for approximately 5.4% of the Scottish economy.
Further information on Scottish economic statistics can be accessed at http://www.scotland.gov.uk/Topics/Statistics/Browse/Economy/
Official statistics are produced by professionally independent statistical staff – more information on the standards of official statistics in Scotland can be accessed at: http://www.scotland.gov.uk/Topics/Statistics/About
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