Home > Statistics > Turnover of trade > 2014 > October > Sales in total trade fell by 0.5 per cent year-on-year in October

Published: 15 December 2014

Sales in total trade fell by 0.5 per cent year-on-year in October

According to Statistics Finland, retail trade sales grew by 0.3 per cent in October from October 2013. Sales in daily consumer goods trade grew by 2.3 per cent and sales in department store trade by 0.1 per cent from one year ago. By contrast, wholesale trade sales went down by 0.2 per cent and motor vehicle sales by 4.1 per cent from one year previously. All in all, sales in total trade were down by 0.5 per cent on October 2013.

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

In October, the sales volume in retail trade remained on level with October 2013. By contrast, the sales volume in wholesale trade increased by 0.6 per cent from one year before. The sales volume in motor vehicle trade went down by 4.0 per cent from last year's October. Thus, sales decreased in total trade by 0.2 per cent in October 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.

Total trade sales fell by 0.3 per cent in January to October year-on-year

In the January to October period, sales in retail trade contracted by 0.7 per cent and in wholesale trade by 0.5 per cent compared with the corresponding period of the previous year. By contrast, motor vehicle sales grew by 2.1 per cent from January to October 2013. Total trade sales went down by 0.3 per cent over the corresponding period.

Weak development in trade on account of large enterprises

Sales in small and medium size enterprises in trade grew in the third quarter of 2014. Sales in small enterprises increased by 0.5 per cent and in medium size enterprises by 0.8 per cent from one year before. Against this, sales in large enterprises went down by 1.1 per cent, which pushed total trade sales down by 0.1 per cent from July to September 2013.

Annual change in turnover of trade in the third quarter by enterprise size category, %

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) (15.12.2014)

Figures

• Appendix figure 1. Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (15.12.2014)

Revisions in these statistics

• Revisions in these statistics (15.12.2014)

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Updated 15.12.2014