Home > Statistics > Turnover of trade > 2017 > December > Retail trade sales grew by 2.6 per cent year-on-year in December

Published: 14 February 2018

Retail trade sales grew by 2.6 per cent year-on-year in December

According to Statistics Finland, retail trade sales increased by 2.6 per cent in December from December 2016. Among retail trade industries, sales of daily consumer goods grew by 2.1 per cent and sales in department store trade by 5.7 per cent. Sales in wholesale trade grew in December by 1.5 per cent from twelve months earlier. By contrast, sales in motor vehicle trade decreased by 2.3 per cent over the same period. Sales increased in total trade by 1.5 per cent from December 2016.

Annual change in turnover in trade industries, % (TOL 2008)

Sales volume in retail trade grew by 3.0 per cent year-on-year in December

The sales volume in retail trade was 3.0 per cent greater in December than twelve months earlier. Over the same period, the sales volume in wholesale trade went down by 2.2 per cent and in motor vehicle trade by 2.5 per cent from one year ago. The sales volume of total trade decreased by 0.7 per cent in December from December 2016.

The volume index of sales is calculated by removing the effect of price changes from the value index series.

Sales in total trade grew by 4.7 per cent in 2017 from 2016

In the January to December period, sales went up by 2.0 per cent in retail trade and by 6.4 per cent in wholesale trade compared with the corresponding period of 2016. Sales in motor vehicle trade increased by 4.3 per cent over the same period. Sales in total trade increased by 4.7 per cent from January to December 2016.

The reported annual changes in trade sales and sales volumes are not seasonally or trading day adjusted, which means that the effects of public holidays are not considered.

Turnover of trade will adopt base year 2015=100 from the January 2018 data. Data using the new base year will be published for the first time on 13 March 2018.

Source: Turnover of trade, Statistics Finland

Inquiries: Milka Suomalainen 029 551 2912, Seija Karttunen 029 551 2741, palvelut.suhdanne@stat.fi

Director in charge: Sami Saarikivi

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Appendix tables

• Appendix table 1. Year-on-year change in turnover in trade industries, % (TOL 2008) (14.2.2018)

Figures

• Appendix figure 1. Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (14.2.2018)

Revisions in these statistics

• Revisions in these statistics (14.2.2018)

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Updated 14.02.2018