Home > Statistics > Turnover of trade > 2017 > May > Sales increased in all sectors of trade in May

Published: 12 July 2017

Sales increased in all sectors of trade in May

According to Statistics Finland, sales in total trade increased by 4.5 per cent in May from May 2016. Motor vehicle sales grew most among the sectors of trade, altogether by 9.8 per cent. Sales in wholesale trade, in turn, grew by 4.9 per cent in May and retail trade went up by 1.3 per cent. Sales of daily consumer goods grew by 1.4 per cent and sales in department store trade by 1.5 per cent from May 2016.

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

Sales volume of retail trade increased by 1.2 per cent year-on-year in May

Sales volume in retail trade was 1.2 per cent higher in May than in May 2016. Sales volume in motor vehicle trade, in turn, grew by 10.2 per cent. In wholesale trade, sales volume was at last year’s level in May. Sales volume in total trade increased by 1.6 per cent compared with May 2016.

The volume index of sales is calculated by removing the effect of price changes from the value index series.

Sales in total trade increased by 4.4 per cent in January to May

In the January to May period, sales went up by 1.5 per cent in retail trade and by 6.1 per cent in wholesale trade compared with the corresponding period of 2016. Sales in motor vehicle trade increased by 4.3 per cent over the same period. Total trade sales increased by 4.4 per cent from January to May 2016.

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.

Changes in the Tax Administration's self-assessed tax data have not so far had an effect on the data of turnover indices

The effects of the changes in the Tax Administration's self-assessed tax data have been analysed in Statistics Finland’s turnover indices. Based on the analyses, the changes have thus far not been found to have significant effects on enterprises’ VAT reporting in terms of statistics production. More information about this in Changes in the periodic tax return data used in turnover indices .

Source: Turnover of trade, Statistics Finland

Inquiries: Seija Karttunen 029 551 2741, palvelut.suhdanne@stat.fi

Director in charge: Sami Saarikivi

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Appendix tables

• Appendix table 1. Year-on-year change in turnover in trade industries, % (TOL 2008) (12.7.2017)

Figures

• Appendix figure 1. Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (12.7.2017)

Revisions in these statistics

• Revisions in these statistics (12.7.2017)

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Updated 12.07.2017