Back to top
National reference metadata

Luxembourg

Reference metadata describe statistical concepts and methodologies used for the collection and generation of data. They provide information on data quality and, since they are strongly content-oriented, assist users in interpreting the data. Reference metadata, unlike structural metadata, can be decoupled from the data.

For more information, please consult our metadata website section.

Close

Turnover and volume of sales index

National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statec - Institut national de la statistique et des études économiques

Need help? Contact the Eurostat user support


Short metadata
Full metadata

The turnover data source is an administrative data file provided by indirect tax administration. The turnover index is a monthly short-term indicator used for the business cycle analysis. Retail trade turnover is used to compile the turnover value and turnover volume index.

8 July 2024

Turnover defined as in Commission Regulation 2020/1197.

Legal units.

Population for NACE Rev2 G45, G46, G47 according to the Luxembourg business register.

For Retail trade turnover, the monthly sample covers about 800 reporting Enterprises, and the quarterly sample covers about 600 reporting Enterprises.

Grand-Duchy of Luxembourg.

Month.

Overall accuracy : Since data calculation is based on Administrative data which are not complete, the first reported period could be based on estimation. Usually, after 2-3 months from the first release results could be considered as final.

Indices.

The results are produced by the STS unit with the help of the QNA unit. Missing informations are imputed according to a set of internal rules by using figures of comparable months for the same KAU or other KAUs in a comparable activity branch.

For this indicator, the raw data is transmitted in administrative files provided by the VAT administration.

As it is impossible to disseminate results in the delays foreseen by the  STS-Regulation, Statec disseminates a first estimate of the monthly turnover index which is based on a panel of the largest enterprises in retail trade. After about 3 1/2 months, these figures are revised: the data source of the revised indices are administrative data provided by the VAT administration.

In order to guarantee timeliness and punctuality according to the STS regulation, Statec releases a first estimate of indices in the delays foreseen by the STS regulation.

Raw data is taken from administrative data files covering national territory.

For a given NACE code, same Legal units (enterprises) are used in the sample from one reporting period to another. The sample is updated every year in order of take in to account the new Legal units to be taken into account.