Home > Statistics > Turnover of trade > 2008 > July > Sales of retail trade grew by 7.1 per cent in July

Published: 15 September 2008

Sales of retail trade grew by 7.1 per cent in July

According to Statistics Finland, retail trade sales were 7.1 per cent higher in July 2008 than one year previously. Department store sales grew by 3.9 per cent and daily consumer goods sales by 10.4 per cent. Wholesale trade sales went up by 19.1 per cent and motor vehicle sales by 3.7 per cent from the previous year. In total trade, sales grew by 14.7 per cent in July.

The cumulative annual change of retail trade in January to July was 7.6 per cent. In the same period the corresponding figure for motor vehicle sales stood at 5.1 per cent and for wholesale trade sales at 13.2 per cent. In total trade, sales grew by 10.6 per cent year-on-year in the January to July period.

Annual change in turnover in trade industries in latest past quarters, and in July and early part of 2008, %

	Annual change by quarter %				Annual change in the most recent month %*	Cumulative annual change**
	07-09/07	10-12/07	01-03/08	04-06/08	07/08	01-07/08
Total trade	6.3	6.6	8.0	11.6	14.7	10.6
Motor vehicle trade	7.6	-3.5	3.7	6.7	3.7	5.1
Wholesale trade	5.6	9.1	9.8	14.3	19.1	13.2
Retail trade	6.8	6.6	6.7	8.5	7.1	7.6
- daily consumer goods trade	4.9	7.5	9.0	9.3	10.4	9.3
- department store trade	7.6	7.7	3.5	8.3	3.9	5.8
*) Annual change compares July 2008 to the corresponding month of the year before. **) The cumulative annual change compares January-July 2008 to the corresponding period of the year before.

 

A revised standard industrial classification, TOL 2008, and base year 2005=100 will be introduced in these statistics starting from data concerning January 2009. For further information about the revised classification see the TOL 2008 section on Statistics Finland's website: http://tilastokeskus.fi/til/tol2008_en.html. Information about the application of the revised classification in these statistics will be released on 26 September 2008.

Source: Turnover of trade 2008, July. Statistics Finland

Inquiries: Retail trade: Mr Marko Tuomiaro +358 9 1734 2705 and

Ms Eeva Immonen +358 9 1734 3464

Motor vehicle trade and Wholesale trade: Ms Aila Kovanen +358 9 1734 3384

Director in charge: Ms Hannele Orjala

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Last updated 15.9.2008