Turnover in trade grew by 0.2 per cent in March 2023
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
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
Database tables
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Documentation
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