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Published: 12 October 2018

Sales increased in all sectors of trade in August

According to Statistics Finland, sales in total trade grew by 4.5 per cent in August from August 2017. Sales in motor vehicle trade grew most among the sectors of trade, altogether by 8.2 per cent. Sales of wholesale trade went up by 4.5 per cent over the same period and sales of retail trade, in turn, by 2.8 per cent. Among retail trade industries, sales of daily consumer goods grew by 4.0 per cent and sales in department store trade by 1.9 per cent from August 2017.

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

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

Sales volume in retail trade grew by 1.6 per cent year-on-year in August

The sales volume in retail trade was 1.6 per cent greater in August than twelve months earlier. Sales volume in motor vehicle trade, in turn, grew by 8.2 per cent and thus increased as much as turnover in the industry. By contrast, sales volume in wholesale trade went down by 1.3 per cent from one year ago. The sales volume of total trade increased by 0.8 per cent in August from August 2017.

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

Sales in total trade grew by 4.8 per cent in January to August

In the January to August period, sales went up by 3.1 per cent in retail trade and by 5.5 per cent in wholesale trade compared with the corresponding period of 2017. Sales in motor vehicle trade increased by 5.7 per cent over the same period. Total trade sales increased by 4.8 per cent compared with January to August 2017.

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.


Source: Turnover of trade, Statistics Finland

Inquiries: Aki Niskanen 029 551 2657, Seija Karttunen 029 551 2741, palvelut.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 12.10.2018

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of trade [e-publication].
ISSN=1799-0939. August 2018. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/klv/2018/08/klv_2018_08_2018-10-12_tie_002_en.html