Home > Statistics > Turnover of trade > 2014 > July > Sales in total trade grew by 0.2 per cent year-on-year in July

Published: 12 September 2014

Sales in total trade grew by 0.2 per cent year-on-year in July

According to Statistics Finland, retail trade sales went down by 0.6 per cent in July from July 2013. In daily consumer goods trade, sales grew by 1.4 per cent, while sales in department store trade went down by 1.6 per cent from one year ago. Wholesale trade sales increased by 1.0 per cent from the previous year. By contrast, motor vehicle sales contracted by 0.9 per cent. In total trade, sales increased by 0.2 per cent from July 2013.

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

In July, the sales volume in retail trade decreased by 0.5 per cent and in motor vehicle trade by 1.2 per cent from one year back. In wholesale trade, the sales volume went up by 1.5 per cent from the previous year. Thus, sales increased in total trade by 0.5 per cent in July from the corresponding period of the previous year. The volume index of sales is calculated by removing the effect of price changes from the value index series.

In retail trade, turnover went down in May to July more than the sales volume, which was due to fallen prices. According to the Consumer Price Index , prices of food, clothes and entertainment electronics fell in the past three months.

Sales in trade industries fell in the January to July period with the exception of motor vehicle trade

In the January to July period, sales contracted by 0.5 per cent in retail trade and by 0.7 per cent in wholesale trade from the respective period of the previous year. Sales in motor vehicle trade increased by 3.4 per cent from January to July 2013. Total trade sales went down by 0.2 per cent over the corresponding period.

Source: Turnover of trade, Statistics Finland

Inquiries: Jarkko Niemistö 029 551 2951, Milka Suomalainen 029 551 2912, 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) (12.9.2014)

Figures

• Appendix figure 1. Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (12.9.2014)

Revisions in these statistics

• Revisions in these statistics (12.9.2014)

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Updated 12.9.2014