Published: 15 July 2009
Retail trade sales fell by 4.8 per cent in May
According to Statistics Finland, retail trade sales fell by 4.8 per cent in May from May 2008. Wholesale trade sales fell by 25.0 per cent and motor vehicle sales by 41.9 per cent. In total trade sales fell by 22.1 per cent in May. The fall in sales was partly caused by the different timing of holidays in May in 2008 and 2009. This May contained two fewer trading days than the corresponding month last year.
In retail trade sales in January-May diminished by 2.6 per cent. During the same time period motor vehicle sales were 33.1 per cent and wholesale trade sales 19.3 per cent down on the year before. In total trade sales fell by 17.2 per cent in January-May.
Annual change in turnover in trade industries by quarter, May 2009 and early part of 2009, % (TOL 2008)
| Annual change by quarter % | Annual change in latest month %* | Cumulative annual
change** |
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| 04-06/08 | 07-09/08 | 10-12/08 | 01/-03/09 | 05/09 | 01-05/2009 | |
| Total trade (G) | 11.0 | 10.1 | -2.4 | -14.4 | -22.1 | -17.2 |
| Motor vehicle trade (45) | 6.9 | 6.3 | 1.9 | -28.1 | -41.9 | -33.1 |
| Wholesale trade (46) | 13.5 | 13.3 | -5.4 | -15.9 | -25.0 | -19.3 |
| Retail trade (47) | 8.0 | 5.4 | 2.2 | -1.9 | -4.8 | -2.6 |
| - daily consumer goods trade*** | 8.8 | 8.6 | 6.7 | 2.5 | -1.5 | 2.4 |
| *) Annual change compares May 2009 to
the corresponding month of the year before. **) Cumulative annual change compares January-May 2009 to the corresponding period of the year before. ***) According to the Register of Enterprises and Establishments, the share of daily consumer goods trade (4711, 472) of turnover in retail trade was 32 per cent in 2007. |
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Turnover in new car sales has been recorded according to a revised accounting practice since data concerning April. Motor car tax is no longer included in turnover as in the past. An estimation of the share of the motor car tax in last year's April-May has been removed from the annual change shown for this April-May.
Source: Turnover of trade 2009, May. Statistics Finland
Inquiries: Ms Hanna Heikinheimo +358 9 1734 2978
Director in charge: Ms Hannele Orjala
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Last updated 15.7.2009
Official Statistics of Finland (OSF):
Turnover of trade [e-publication].
ISSN=1799-0939. May 2009. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/klv/2009/05/klv_2009_05_2009-07-15_tie_002_en.html