Published: 14 August 2015
Total trade sales fell by 1.5 per cent year-on-year in June
According to Statistics Finland,retail trade sales grew by 0.6 per cent in June from June 2014. Sales in department store trade correspondingly grew by 0.6 per cent from the previous year, while the fall in daily consumer goods trade amounted to 0.6 per cent. Motor vehicle sales also grew by 0.7 per cent from the year before. By contrast, wholesale trade sales contracted by 3.0 per cent year-on-year in June. The weak development in wholesale trade also pushed total trade sales to a fall of 1.5 per cent.
Annual change in turnover in trade industries, % (TOL 2008)
In retail trade, the sales volume increased by 1.7 per cent in June and in motor vehicle sales by 1.1 per cent from June 2014. The sales volume in wholesale trade fell, in turn, by 0.5 per cent from twelve months earlier. Thus, the volume of total sales was 0.3 per cent higher in June than one year earlier. In all sectors of trade the turnover developed more weakly than the sales volume, due to fallen prices. The volume index of sales is calculated by removing the effect of price changes from the value index series.
Total trade sales fell by 3.2 per cent year-on-year in the first half of the year
In the January to June period, sales contracted by 1.3 per cent in retail trade and by 4.8 per cent in wholesale trade compared to the corresponding period of 2014. At the same time, motor vehicle sales declined by 0.9 per cent from the year before. Total trade sales went down by 3.2 per cent over the corresponding period.
Annual changes in trade sales and sales volumes are given unadjusted for seasonal variation. Annual changes particularly in retail trade may be affected by the number of weekday trading days. There were 25 weekday trading days in June 2015, which is one day more than in June 2014. Weekday trading days refer to the weekdays of a calendar month (Monday to Saturday) excluding mid-week holidays.
Source: Turnover of trade, Statistics Finland
Inquiries: Milka Suomalainen 029 551 2912, Jarkko Niemistö 029 551 2951, palvelut.suhdanne@stat.fi
Director in charge: Hannele Orjala
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Updated 14.08.2015
Official Statistics of Finland (OSF):
Turnover of trade [e-publication].
ISSN=1799-0939. June 2015. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/klv/2015/06/klv_2015_06_2015-08-14_tie_002_en.html