Home > Statistics > Turnover of trade > 2010 > May > Sales of retail trade grew by 3.5 per cent in May

Published: 14 July 2010

Sales of retail trade grew by 3.5 per cent in May

According to Statistics Finland, retail trade sales rose by 3.5 per cent in May from May 2009. Sales volume grew by 2.6 per cent during the same time period. Wholesale trade sales went up by 11.1 per cent and motor vehicle sales by 32.8 per cent. In total trade sales increased by 11.0 per cent in May.

Annual change in turnover in trade industries, % (TOL 2008)

Sales in retail trade rose by 2.7 per cent and in wholesale trade by 5.5 per cent in January to May compared with the corresponding period of the previous year. Motor vehicle sales also rose by 9.3 per cent. In total trade sales were up in January to May by 5.1 per cent on the respective period of the year before.

Revised accounting practice in motor vehicle trade

Turnover in new car sales has been recorded according to a revised accounting practice since data concerning April 2009. Motor car tax is no longer included in turnover as in the past. From April 2009 onwards until March 2010 an estimation of the share of the motor car tax in the previous year's corresponding period has been removed from the annual change figures.

Tax reform causes revisions to data on indices of turnover

Starting from data on January 2010, the indices of turnover will be compiled from the seasonal tax return data conforming to the Tax Administration's tax reform. According to our examinations the impact on these statistics from the implemented tax reform will remain quite small. However, slightly less data than before will be available for early 2010, which may mean that the time series of the indices of turnover in the early part of the year may become slightly revised in future releases. Further information about the impacts of the changes in the data on the indices of turnover can be found under Revisions in these statistics . Information about the tax reform is also available on the Tax Administration's website at: www.vero.fi .

Source: Turnover of trade, Statistics Finland

Inquiries: Hanna Heikinheimo (09) 1734 2978, palvelut.suhdanne@stat.fi

Director in charge: Hannele Orjala

Publication in pdf-format (230.3 kB)

Tables

Tables in databases

Pick the data you need into tables, view the data as graphs, or download the data for your use.

• Database tables and their variables
• Archived tables

Appendix tables

• Year-on-year change in turnover in trade industries by quarter, in the latest month and in the early part of the year, % (TOL 2008) (14.7.2010)

Figures

• Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (14.7.2010)

---

Updated 14.07.2010