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Published: 15 September 2015

Motor vehicle sales grew by 4.3 per cent in July from one year ago

According to Statistics Finland, retail trade sales went up by 0.4 per cent in July from July 2014. The growth in retail trade was influenced by sales in department store trade, which increased by 2.6 per cent from the year before. In contrast, daily consumer goods trade went down by 2.2 per cent year-on-year. Motor vehicles sales increased most among the sectors of trade, as the growth there amounted to 4.3 per cent year-on-year. By contrast, wholesale trade sales contracted by 2.1 per cent in July from the year before. The weak development in wholesale trade also pushed total trade sales to a fall of 0.5 per cent.

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

Annual change in turnover in trade industries, % (TOL 2008)
Correction. The figure was corrected on 15 September at 13:30 pm.

n retail trade, the sales volume increased by 1.7 per cent in July and in motor vehicle sales by 4.7 per cent from July 2014. According to Statistics Finland, first registrations of motor vehicles also increased by 3.2 per cent in July from July 2014. The sales volume in wholesale trade increased, in turn, by 0.6 per cent from twelve months earlier. Thus, the volume of total sales was 1.6 per cent higher in July than one year earlier.

In all sectors of trade the turnover developed more weakly in July 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 2.6 per cent year-on-year in January to July

In the January to July period, sales contracted by 0.9 per cent in retail trade and by 4.1 per cent in wholesale trade compared to the corresponding period of 2014. In turn, motor vehicle sales remained on level with the January to July period of 2014. Total trade sales went down by 2.6 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 27 weekday trading days in July 2015, which is the same as in July 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: Mari Ylä-Jarkko

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Updated 15.09.2015

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of trade [e-publication].
ISSN=1799-0939. July 2015. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/klv/2015/07/klv_2015_07_2015-09-15_tie_002_en.html