Home > Statistics > Turnover of trade > 2009 > October > Sales in retail trade fell by 1.8 per cent in October

Published: 15 December 2009

Sales in retail trade fell by 1.8 per cent in October

According to Statistics Finland, retail trade sales fell by 1.8 per cent in October from October 2008. Sales volume diminished by 1.8 per cent over the same time period. Wholesale trade sales fell by 20.7 per cent and motor vehicle sales by 26.7 per cent. In total trade sales fell by 16.7 per cent in October.

In retail trade sales in January-October fell by 2.4 per cent. Over the same time period, motor vehicle sales were 31.7 per cent and wholesale trade sales 20.2 per cent down on the year before. In total trade sales fell by 17.2 per cent in January-October.

Annual change in turnover in trade industries by quarter, October 2009 and early part of 2009, % (TOL 2008)

	Annual change by quarter %				Year-on-year change in latest month % 1)	Cumulative annual change2)
	10-12/08	01-03/09	04-06/09	07-09/09	10/09	01-10/2009
Total trade (G)	-2.4	-14.9	-18.8	-17.8	-16.7	-17.2
Motor vehicle trade (45)	1.9	-28.2	-35.5	-32.8	-26.7	-31.7
Wholesale trade (46)	-5.4	-16.5	-21.9	-21.6	-20.7	-20.2
Retail trade (47)	2.2	-2.5	-3.1	-2.0	-1.8	-2.4
- daily consumer goods trade3)	6.7	1.8	2.6	1.9	0.4	1.9
1)Annual change compares October 2009 to the corresponding month of the year before. 2)Cumulative annual change compares January-October 2009 to the corresponding period of the year before. 3) 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.

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-October has been removed from the annual change shown for this April-October.

Seasonal adjustment models have been revised

The seasonal adjustment models used have been revised in connection with the calculation of the indices of turnover for October. The revisions influence the seasonally adjusted and trend series, but not the original and working-day adjusted time series. The change percentages calculated from the original series have thus become only slightly revised, and this is due to new data having become available. For more detailed information about the revised treatment of seasonal adjustment, see http://tilastokeskus.fi/ajk/tiedotteet/2009/tiedote_019_2009-12-08_en.html.

Source: Turnover of trade 2009, October. Statistics Finland

Inquiries: Mr Marko Tuomiaro +358 9 1734 2705 and Ms Eeva Immonen +358 9 1734 3464, palvelut.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Last updated 15.12.2009