Published: 26 February 2015
Retail trade flash estimate: sales fell by 2.9 per cent year-on-year in January
According to Statistics Finland’s retail trade flash estimate, the sales of retail trade decreased by 2.9 per cent in January from January 2014. Over the same period, the volume of retail trade sales, from which the impact of prices has been eliminated, went down by 2.1 per cent. In daily consumer goods trade, sales contracted by 2.0 per cent and the sales volume by 1.5 per cent in January from the corresponding period of the previous year. In both retail trade and daily consumer goods trade, turnover went down more strongly than the sales volume, because prices also fell in both industries from the previous year's January.
Development of value and volume of retail trade sales, January 2015, % (TOL 2008)
There were 25 weekday trading days in January 2015, which is the same as in January 2014. Weekday trading days refer to the weekdays of a calendar month (Monday to Saturday) excluding mid-week holidays.
According to the Structural business and financial statement statistics, daily consumer goods accounted for 48.3 per cent of turnover in retail trade in 2013.
The retail trade flash estimate is based on a sample covering, on the average, 60 per cent of retail trade turnover. Data on trade sales by industry will next be released on 12 March 2015.
Flash estimates on retail trade are published at a lag of just under one month from the end of the statistical reference month. The preliminary data on motor vehicle, wholesale and retail trade based on a larger sample will be published at a lag of roughly six weeks from the end of the statistical reference month and the revised data based on total data are published at a lag of roughly ten weeks.
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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- Revisions in these statistics (26.2.2015)
Updated 26.2.2015
Official Statistics of Finland (OSF):
Turnover of trade [e-publication].
ISSN=1799-0939. January 2015. Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/klv/2015/01/klv_2015_01_2015-02-26_tie_001_en.html