Home > Statistics > Turnover of trade > 2016 > May > Sales increased in all sectors of trade in May

Published: 15 July 2016

Sales increased in all sectors of trade in May

According to Statistics Finland, sales in total trade increased by 4.0 per cent in May from May 2015. Among the main sectors of trade, sales increased most in motor vehicle trade by a total of 16.7 per cent. Sales in retail trade grew by 1.8 per cent in May from one year ago. Sales of daily consumer goods grew by 2.1 per cent and sales in department stores by 2.0 per cent. Sales in wholesale trade increased by 2.4 per cent from the previous year.

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

The sales volume in motor vehicle trade increased by 15.9 per cent year-on-year in May

The sales volume in motor vehicle trade increased by 15.9 per cent from May 2015. The growth was affected by increased sales of new motor vehicles, as Statistics Finland’s data indicate that the number of first registrations of motor vehicles was also 13.9 per cent higher in May than in May 2015. In retail trade, the sales volume increased by 3.0 per cent in May and in wholesale trade by 5.5 per cent from one year earlier. Thus, sales volume increased in total trade by 6.1 per cent in May.

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

Sales in trade industries grew in January to May with the exception of wholesale trade

In the January to May period, wholesale trade sales decreased by 1.7 per cent compared with the corresponding period of the previous year. In contrast, retail trade sales went up by 0.5 per cent and motor vehicle trade sales by 10.5 per cent over the corresponding period. In total trade, sales were up by 0.6 per cent in January to May on the respective period of the year before.

The reported annual changes in trade sales and sales volumes are not seasonally or trading day adjusted, which means that the effects of public holidays are not considered. The opening hours of retail shops were deregulated starting from 1 January 2016 after which some retail shops have extended their opening hours.

Source: Turnover of trade, Statistics Finland

Inquiries: 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) (15.7.2016)

Figures

• Appendix figure 1. Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (15.7.2016)

Revisions in these statistics

• Revisions in these statistics (15.7.2016)

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Updated 15.07.2016