Trade and services; turnover and production changes, index 2021=100

Table explanation


This table presents figures on turnover and production changes in Trade and Services sector. The figures can be broken down by industry according to Statistics Netherlands' Standard Industrial Classification of all Economic Activities 2008 (SIC 2008). The change is shown both as a percentage change compared to a previous period and through index figures with 2021 as base year.

Turnover and production changes are published in two forms. Firstly, as year-on-year changes where the growth is expressed relative to the same period in the previous year. These figures are presented unadjusted and calendar-adjusted. The second form represents period-on-period changes: month-on-month and quarter-on-quarter. Period-on-period changes are possible by applying seasonal adjustment.

Currently, this table exclusively comprises seasonally- and calendar adjusted data pertaining to monthly records for the retail sector. For other sectors, the unadjusted monthly series only extend back to January 2021, complicating the process of conducting adjustments. The lack of sufficient historical data makes it challenging to identify consistent patterns and trends, which is crucial for accurate adjustments. Some data may not be representative of all seasonal influences occurring over a longer period, potentially leading to less reliable or even incorrect adjustments. As the unadjusted monthly series lengthens, more reliable adjustments can be made. Therefore, in the spring of 2025, the table will be expanded to include seasonally- and calendar adjusted records for other sectors, retroactively from January 2021.

Data available from: January 2000 for branches within SIC division 47 and first quarter of 2005 for all other branches.

Status of figures:
Figures for 2024 are provisional, other figures are final.

The figures of a calendar year become final no later than six months after the end of that calendar year. Due to delayed response, provisional figures may still change.

Changes as of November 1, 2024:
Figures of industries belonging to NACE sections G, H, I, J, L, M, N and S have been added. These are figures for the period September far as retail trade is concerned and August for other industries.
Figures of the third quarter of 2024 may have been adjusted.

To keep the results of these index series in line with current events, a so-called base year change is carried out once every five years. In 2024, the publication of this table switched from reference year 2015 to 2021 (2021=100) and the weighting factors were updated and based on the year 2021.

This table combines data from 9 separate former tables. Which tables this concerns can be found later in this table explanation under "3. Links to relevant tables and articles".

When are new figures released?
For monthly business statistics, figures are published as a rule 2 months after the end of the reporting month, figures for the retail trade sector and imports of new passenger cars and light commercial vehicles are published 1 month after the end of the reporting month. After publication of final results, Statistics Netherlands adjusts the figures only if major adjustments and/or corrections are necessary.

Description topics

Turnover
Turnover is the revenue from sales of goods and services to third parties, excluding VAT. Turnover includes revenue from both main and secondary activities. Third parties are consumers and companies outside the (Dutch part of the) own corporate group.

Value
The change of cash income from sales.
Indices
An index represents the ratio between the value of a given variable (e.g. turnover) in a given period and the value of the same variable in the base period. The base period refers to the year 2021 and has the index value 100.
Uncorrected production/turnover
Series that are unadjusted for calendar and/or seasonal effects.
Development compared to a year earlier
The percentage change in a period (month, quarter, year) compared with the same period in the previous year. CBS calculates the percentage change on the basis of unrounded index figures.
Uncorrected production/turnover
Series that are unadjusted for calendar and/or seasonal effects.
Calendar adjusted production/turnover
Each period in a series contains a different number of working or trading days, leap days, and national holidays. By adjusting for these differences in composition, outcomes become more comparable over time. Consequently, a different composition of calendar days does not affect year-on-year developments. As a result, the trend in developments becomes purer
Volume
The change of the quantity of goods and services sold. Volume is not observed but calculated. Statistics Netherlands calculates the volume of goods and services sold in a given period by dividing the value of sales by its price.
Development compared to a year earlier
The percentage change in a period (month, quarter, year) compared with the same period in the previous year. CBS calculates the percentage change on the basis of unrounded index figures.
Calendar adjusted production/turnover
Each period in a series contains a different number of working or trading days, leap days, and national holidays. By adjusting for these differences in composition, outcomes become more comparable over time. Consequently, a different composition of calendar days does not affect year-on-year developments. As a result, the trend in developments becomes purer
Production
Production can be seen as the volume change of value added. Value added is the difference between production value and consumption value. The consumption value is the total of all raw and auxiliary materials, semi-finished products, energy costs and services incorporated in production.

Indices
An index represents the ratio between the value of a given variable (e.g. turnover) in a given period and the value of the same variable in the base period. The base period refers to the year 2021 and has the index value 100.

Uncorrected production/turnover
Series that are unadjusted for calendar and/or seasonal effects.
Development compared to a year earlier
The percentage change in a period (month, quarter, year) compared with the same period in the previous year. CBS calculates the percentage change on the basis of unrounded index figures.
Uncorrected production/turnover
Series that are unadjusted for calendar and/or seasonal effects.