Home > Statistics > Turnover of trade > 2012 > September > Retail trade sales grew by 3.4 per cent year-on-year in September

Published: 14 November 2012

Retail trade sales grew by 3.4 per cent year-on-year in September

According to Statistics Finland, retail trade sales grew by 3.4 per cent in September from September 2011. The volume of sales, from which the impact of prices has been eliminated, went down by 0.6 per cent in retail trade over the same period. In daily consumer goods trade, sales grew by 3.6 per cent and in department store trade by 3.9 per cent year-on-year. In contrast, wholesale trade sales went down by 1.6 per cent and motor vehicle trade sales by 21.7 per cent from twelve months back. In total trade, sales contracted by 2.7 per cent in September.

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

In the January to September period, sales were up by 4.8 per cent in retail trade and by 3.9 per cent in wholesale trade on the respective period of the previous year. Motor vehicle trade sales were up by 0.3 per cent over the same period. In total trade, sales were up by 3.7 per cent in January to September on the respective period of the year before.

Amended motor vehicle tax legislation influences motor vehicle trade sales in 2012

An amendment concerning the motor vehicle tax that is levied at first registration entered into force on 1 April 2012. According to it, the amount of tax is now based on the volume of carbon dioxide emissions that correspond with the combined consumption of the vehicle. The tax on passenger cars and vans rises if the emissions exceed 110g/km. The impacts of the amended taxation on motor vehicle prices will also be seen in the development of motor vehicle trade sales in 2012.

Source: Turnover of trade, Statistics Finland

Inquiries: Jarkko Niemistö 09 1734 2951, Tiina Talvio 09 1734 2698, palvelut.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Appendix tables

• Appendix table 1. Year-on-year change in turnover in trade industries, % (TOL 2008) (14.11.2012)

Figures

• Appendix figure 1. Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (14.11.2012)

Revisions in these statistics

• Revisions in these statistics (14.11.2012)

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Updated 14.11.2012