Turnover in trade grew by 8.9 per cent in October 2022
According to Statistics Finland, turnover in total trade adjusted for working days increased by 8.9 per cent 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 3.8 per cent. Turnover grew strongly especially in the industry of wholesale trade.
Key selections
- Seasonally adjusted turnover in total trade fell in October compared to September.
- The rise in prices decreased sales volume in trade in October from the previous year.
Sales volume in motor vehicle trade grew year-on-year
The working day adjusted turnover of motor vehicle trade grew by 6.5 per cent year-on-year in October. Sales volume grew by 0.4 per cent from one year ago.
Working day adjusted turnover in the trade industry with the biggest turnover, wholesale trade, grew in October by 11.2 per cent, but sales volume decreased by 5.4 per cent year-on-year. The more favourable development in turnover than in sales volume in wholesale trade is explained by higher prices especially of processed petroleum products and food.
In retail trade, working day adjusted turnover grew by 5.8 per cent in October but sales volume decreased by 2.8 per cent. Turnover in daily consumer goods trade increased by 7.0 per cent from the previous year while sales volume decreased by 5.1 per cent in the corresponding period. Turnover in department store trade grew by 3.4 per cent but sales volume decreased by 5.8 per cent from one year back. Turnover in specialised store trade grew by 1.9 per cent and sales volume fell by 2.6 per cent.
Seasonally adjusted turnover fell compared to September
Seasonally adjusted turnover in total trade fell by 0.3 per cent in October from September. Seasonally adjusted sales volume went down by 1.4 per cent. In September, seasonally adjusted turnover grew by 1.0 per cent and sales volume by 0.3 per cent compared to the month before.
Tables
Annual change in working day adjusted turnover and sales volume in total trade (G), %
Data revisions
Revision of annual changes in working day adjusted turnover in industries of trade
Revision of long-term annual changes in working day adjusted turnover in industries of trade
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