Home > Statistics > Turnover of trade > 2015 > November > Sales in total trade grew by 0.4 per cent year-on-year in November

Published: 14 January 2016

Sales in total trade grew by 0.4 per cent year-on-year in November

According to Statistics Finland, sales in total trade increased by 0.4 per cent in November from November 2014. Among the sectors of trade, motor vehicle trade grew most, by 10.6 per cent from one year back. Sales in retail trade increased by 1.2 per cent in November. Among industries belonging to retail trade, department store trade developed more positively than daily consumer goods trade: sales in department stores went up by 1.8 per cent from one year back, while sales of daily consumer goods went down by 0.1 per cent. Sales in wholesale trade fell, in turn, by 2.3 per cent from twelve months earlier.

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

Volume of sales increased in all sectors of trade in November

The volume of total sales grew by 2.6 per cent from November 2014. In November, the sales volume in wholesale trade grew by 0.7 per cent and in retail trade by 2.7 per cent from one year back. Among the sectors of trade, the sales volume of motor vehicle trade went up most, by 10.1 per cent year-on-year. The growth was affected by increased sales of new motor vehicles, because Statistics Finland’s data indicate that the number of first registrations of motor vehicles was also 21.3 per cent higher in November than in November 2014.

The volume index of sales is calculated by removing the effect of price changes from the value index series. Due to lower prices, sales volume developed more favourably than turnover apart from motor vehicle trade.

Sales in retail trade fell by 1.1 per cent in January to November

In retail trade, sales decreased by 1.1 per cent from January to November 2014. In wholesale trade, the decline in the corresponding period was 5.0 per cent year-on-year. Motor vehicle trade was the only sector of trade where sales increased in January to November, by 1.4 per cent from one year ago. Total trade sales contracted in January to November by 3.0 per cent year-on-year.

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 November 2015, which is one day more than in November 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, Seija Karttunen 029 551 2741, palvelut.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Year-on-year change in turnover in trade industries, % (TOL 2008) (14.1.2016)

Figures

• Appendix figure 1. Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (14.1.2016)

Revisions in these statistics

• Revisions in these statistics (14.1.2016)

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Updated 14.01.2016