Turnover in trade fell by 2.5 per cent in October 2023
According to Statistics Finland, working day adjusted turnover in total trade decreased by 2.5 per cent in October 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, increased by 0.1 per cent.
Key selections
- In the biggest trade industry, wholesale trade, the strong decline in working day adjusted turnover continued compared to one year ago.
- Working day adjusted turnover and sales volume in department store trade grew significantly from one year back.
Growth in motor vehicle trade weakened in October
Among the main industries of trade, turnover grew strongest in motor vehicle trade, where working day adjusted turnover grew in October by 6.8 per cent and sales volume by 4.1 per cent from one year back.
Working day adjusted turnover in the trade industry with the biggest turnover, wholesale trade, decreased in October by 7.1 per cent and sales volume by 0.1 per cent year-on-year.
In retail trade, working day adjusted turnover grew by 1.7 per cent in October but sales volume decreased by 1.3 per cent. The turnover of daily consumer goods trade increased by 4.4 per cent from one year back and the volume of sales by 0.4 per cent in the corresponding period. Turnover in department store trade increased by 8.2 per cent and sales volume by 3.4 per cent from one year back. In specialised store trade, turnover fell by 1.4 per cent and the volume of sales declined by 4.0 per cent.
Seasonally adjusted turnover fell compared to September
Seasonally adjusted turnover in total trade fell in October by 0.1 per cent compared to September. Seasonally adjusted sales volume went up by 0.6 per cent. In September, seasonally adjusted turnover did not change but sales volume decreased by 0.5 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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