Home > Statistics > Turnover of trade > 2008 > September > Sales of retail trade grew by 5.1 per cent in September

Published: 12 November 2008

Sales of retail trade grew by 5.1 per cent in September

According to Statistics Finland, retail trade sales were 5.1 per cent higher in September 2008 than one year earlier. Sales volume grew by 0.6 per cent in the same time period. Department store sales grew by 3.2 per cent and daily consumer goods sales by 7.2 per cent. Wholesale trade sales went up by 18.3 per cent and motor vehicle sales by 12.5 per cent from the previous year. The figures for motor vehicle trade and wholesale trade describe sales in Finland, as well as sales abroad inclusive of e.g. transit exports and commission trade. In total trade, sales grew by 14.2 per cent in September.

The cumulative annual change in retail trade sales over the January to September period was 6.7 per cent. Over the same time period the corresponding growth in motor vehicle sales was 5.6 per cent and in wholesale trade sales 12.4 per cent. In total trade, sales grew by 9.8 per cent year-on-year in the January to September period.

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

	Annual change by quarter %				Annual change in latest month % *)	Cumulative annual change**
	10-12/07	01-03/08	04-06/08	07-09/08	09/08	01-09/08
Total trade	6.6	7.8	11.0	10.5	14.2	9.8
Motor vehicle trade	-3.5	3.6	6.6	6.3	12.5	5.6
Wholesale trade	9.1	9.6	13.4	13.9	18.3	12.4
Retail trade	6.6	6.7	8.2	5.3	5.1	6.7
- daily consumer goods trade	7.5	9.0	8.7	8.3	7.2	8.6
- department store trade	7.7	3.7	8.7	4.5	3.2	5.7
*) Annual change compares September 2008 to the corresponding month of the year before. **) The cumulative annual change compares January-September 2008 to the corresponding period of the year before.

Starting from data concerning January 2009, the revised TOL 2008 standard classification of industries and base year 2005=100 will be introduced in these statistics. A news item about the adoption of TOL 2008 in statistics describing turnover in trade is posted on the home page of the statistics.

Source: Turnover of trade 2008, September. 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 12.11.2008