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Turnover in trade grew by 10.6 per cent in March 2022

Statistics:

Turnover of trade

Reference period:

2022, March

Published:

13/05/2022

Next release:

30/05/2022

According to Statistics Finland, turnover in total trade adjusted for working days increased by 10.6 per cent in March 2022 from one year ago. The working day adjusted volume of sales in total trade, from which the impact of price changes has been eliminated, went down by 2.7 per cent. Seasonally adjusted turnover and sales volume increased also compared to February.

Annual change in working day adjusted turnover and sales volume in total trade. Turnover has been growing continuously for 13 months.

Key points

Turnover in total trade continued to grow in March as well.
Rise in prices lowers the volume of sales especially in wholesale trade.

Tables

See key statistical data in the tables.

13.05.2022

Annual change of working day adjusted turnover and sales volume in industries of trade, % (TOL 2008)

	Turnover	Sales volume	Turnover	Sales volume	Turnover	Sales volume	Turnover	Sales volume	Turnover	Sales volume	Turnover	Sales volume	Turnover	Sales volume
	Total trade (G)		Motor vehicle trade (45)		Wholesale trade (46)		Retail trade (47)		Daily consumer goods trade (4711, 472)		Department store trade (4719)		Specialised store trade (474-477)
2021M03	6.4	3.4	20.7	18.6	2.7	-2.0	6.8	6.7	3.2	1.2	17.3	17.6	6.9	8.7
2021M04	15.6	10.2	43.8	40.6	12.0	3.7	11.2	10.5	3.8	1.2	17.2	16.4	19.3	19.7
2021M05	12.5	6.5	34.6	32.2	12.1	2.9	5.2	3.8	0.4	-2.3	3.4	2.4	9.7	9.8
2021M06	10.6	5.2	17.6	15.4	12.1	3.4	5.5	4.0	3.7	1.7	3.6	3.5	6.3	5.9
2021M07	8.0	2.2	5.5	3.2	10.6	0.9	5.2	3.2	4.7	2.6	4.9	4.8	3.6	2.1
2021M08	7.8	1.3	7.8	5.1	10.5	-0.3	4.1	2.6	1.7	-0.5	5.2	4.9	5.5	4.0
2021M09	8.2	0.5	5.8	2.8	10.9	-1.3	4.6	2.6	2.1	-0.4	7.8	7.2	4.8	2.6
2021M10	8.9	-1.3	7.6	4.4	13.0	-3.7	3.0	0.2	0.5	-2.5	3.0	1.9	3.8	1.1
2021M11	10.6	-0.6	4.9	1.5	16.4	-1.7	3.7	0.4	0.6	-3.0	4.7	3.6	5.1	2.1
2021M12	11.0	0.2	3.5	-0.3	18.5	0.7	2.8	-0.4	0.8	-2.7	3.6	1.8	3.2	-0.7
2022M01	8.6	-3.4	-0.2	-4.2	14.0	-5.2	4.3	0.2	5.2	0.8	1.1	-1.5	2.4	-1.4
2022M02	7.8	-3.5	-6.0	-10.1	14.5	-2.8	3.2	-1.4	3.7	-1.2	2.0	-0.9	1.7	-2.4
2022M03*	10.6	-2.7	-5.7	-10.0	18.2	-1.9	5.0	-0.4	3.2	-2.7	2.2	-1.3	5.8	1.6

Year-on-year change compares the value for an examined time period to the value for the corresponding time period twelve months back. According to the Structural business and financial statement statistics, the share of daily consumer goods (4711, 472) of turnover in retail trade was 53.1 per cent in 2020. According to the Structural business and financial statement statistics, the share of retail sale in department stores (4719) of turnover in retail trade was 6.7 per cent in 2020. According to the Structural business and financial statement statistics, the share of retail sale in specialised stores (474-477) of turnover in retail trade was 35.1 per cent in 2020.

Data revisions

See key statistical data in the tables.

13.05.2022

Revision of annual changes in working day adjusted turnover in industries of trade

		1st release, annual change of the working day adjusted index series, %	Latest release, annual change of the working day adjusted index series, %	Revision of the working day adjusted index series, percentage point
Total trade (G)	2021M10	9.1	8.9	-0.2
	2021M11	10.5	10.6	0.1
	2021M12	11.6	11.0	-0.6
	2022M01	7.8	8.6	0.8
	2022M02	8.3	7.8	-0.5
Motor vehicle trade (45)	2021M10	7.8	7.6	-0.2
	2021M11	4.3	4.9	0.6
	2021M12	4.0	3.5	-0.5
	2022M01	-0.6	-0.2	0.4
	2022M02	-5.9	-6.0	-0.1
Wholesale trade (46)	2021M10	12.5	13.0	0.5
	2021M11	16.1	16.4	0.3
	2021M12	19.4	18.5	-0.9
	2022M01	12.8	14.0	1.2
	2022M02	14.9	14.5	-0.4
Retail trade (47)	2021M10	4.3	3.0	-1.3
	2021M11	4.3	3.7	-0.6
	2021M12	3.0	2.8	-0.2
	2022M01	4.3	4.3	0.0
	2022M02	4.3	3.2	-1.1
Daily consumer goods trade (4711, 472)	2021M10	1.7	0.5	-1.2
	2021M11	1.1	0.6	-0.5
	2021M12	0.4	0.8	0.4
	2022M01	5.5	5.2	-0.3
	2022M02	3.7	3.7	0.0
Department store trade (4719)	2021M10	2.9	3.0	0.1
	2021M11	4.7	4.7	0.0
	2021M12	4.1	3.6	-0.5
	2022M01	0.3	1.1	0.8
	2022M02	2.3	2.0	-0.3
Specialised store trade (474-477)	2021M10	4.9	3.8	-1.1
	2021M11	6.3	5.1	-1.2
	2021M12	4.8	3.2	-1.6
	2022M01	1.5	2.4	0.9
	2022M02	3.2	1.7	-1.5

The 1st release refers to the time when data for the reference period were released for the first time at a lag of around 45 days from the end of the statistical reference month. The revision describes the difference of annual change percentages between the first and latest release.

13.05.2022

Revision of long-term annual changes in working day adjusted turnover in industries of trade

		Average of revision of the working day adjusted index series, percentage points	Average for absolute values of revision of the working day adjusted index series, percentage points
Total trade (G)	2019	-0.1	0.4
Total trade (G)	2020	0.2	0.6
Motor vehicle trade (45)	2019	0.4	0.5
Motor vehicle trade (45)	2020	1.0	1.2
Wholesale trade (46)	2019	-0.3	0.8
Wholesale trade (46)	2020	0.1	0.9
Retail trade (47)	2019	0.0	0.4
Retail trade (47)	2020	0.1	0.6
Daily consumer goods trade (4711, 472)	2019	-0.1	0.3
Daily consumer goods trade (4711, 472)	2020	0.3	0.7
Department store trade (4719)	2019	0.0	0.2
Department store trade (4719)	2020	0.4	0.7
Specialised store trade (474-477)	2019	0.2	0.8
Specialised store trade (474-477)	2020	0.9	2.0

The average have been calculated upon completion of the data for the first and last release months in the statistical reference year, when the official structural business and financial statement statistics are also published. The average for absolute values have been calculated from the absolute values of differences between the first and last release months in the statistical reference year, when the official structural business and financial statement statistics are also published.