Turnover in trade grew by 0.2 per cent in March 2023

Release related to topics:EnterprisesPrices and consumption
release | Turnover of trade 2023, March

According to Statistics Finland, working day adjusted turnover in total trade grew by 0.2 per cent in March 2023 from one year ago. The working day adjusted volume of sales in total trade, from which the impact of price changes has been eliminated, decreased by 3.8 per cent. Turnover increased in all largest industries apart from wholesale trade. Historically, growth has last been this slow at the end of 2020.

Key selections

  • The seasonally adjusted turnover in total trade decreased in March compared to February.
  • The rise in prices reduced the volume of sales in trade in March compared to a year ago.

Turnover decreased in wholesale trade

Working day adjusted turnover in the trade industry with the biggest turnover, wholesale trade, decreased in March by 3.2 per cent, and sales volume by 5.2 per cent year-on-year.

Working day adjusted turnover in motor vehicle trade increased by 8.6 per cent and sales volume by 3.4 per cent in March from one year back.

In retail trade, working day adjusted turnover grew by 3.3 per cent in March but sales volume decreased by 4.4 per cent. The turnover of daily consumer goods trade increased by 6.6 per cent from one year back, while the volume of sales decreased by 4.7 per cent in the corresponding period. The turnover of department store trade grew by 5.7 per cent, but the volume of sales went down by 4.6 per cent year-on-year. In specialised store trade, turnover increased by 0.1 per cent and the volume of sales decreased by 5.8 per cent.

Seasonally adjusted turnover decreased compared to February

The seasonally adjusted turnover in total trade decreased in March by 0.4 per cent compared to February. Seasonally adjusted sales volume went up by 0.3 per cent. In February, seasonally adjusted turnover decreased by 0.9 per cent and sales volume by 1.8 per cent compared to the month before.

Tables

See key statistical data in the tables.

Annual change in working day adjusted turnover and sales volume in total trade (G), %

Data revisions

See key statistical data in the tables.

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

Database tables

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Updated database tables
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Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): Turnover of trade [online publication].
Reference period: 2023, March. ISSN=1799-0939. Helsinki: Statistics Finland [Referenced: 27.4.2025].
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Statistical experts

Inquiries primarily

Leevi Ahonen
Senior Statistician
029 551 3894

Other experts

Valtteri Pinkkilä
Senior Statistician
029 551 3471

Head of Department in charge

Katri Kaaja
Head of Department in charge
029 551 3488