Official Concept and Definition
The retail trade is the final step in the distribution of merchandise where its main activity is selling new or used goods without transformation on a regular basis direct to the general public, for personal or household consumption, regardless of the quantity of the transaction. An establishment is considered a RETAILER if: (1) its major and regular clients are the general public, including household; and (2) its major source of sales is derived from the general public, including household.
ISIC Rev. 4 (officially released on August 11, 2008) and International Recommendations on Distributive Trade Statistics (IRDTS)https://unstats.un.org/unsd/cr/registry/regcs.asp
|Indicators / Statistics Being Generated||Not applicable|
|PSA Board Resolution||PSA Board Resolution No. 01, Series of 2017 - 148
|Statistical Domain||Economic Statistics|
|Statistical Activity||Business Statistics|