Changes in index of turnover in trade statistics
Date of change:Statistics: index of turnover in trade
The statistics are renewed in connection with the publication of data for 2024, when the reference period, the base year, is updated from 2015 to 2021. The new base year is defined in Regulation (No 2019/2152) of the European Parliament and of the Council on European business statistics and it concerns short-term business statistics of all Member States. In future, database tables published with the old base year (2015=100) will no longer be updated.
Changing the base year and the changes made in connection with it have an effect on several statistics on short-term business trends published by Statistics Finland. Further information about the renewal can be found in a joint release.
In connection with updating the base year, the indices are calculated again from the beginning of 2021. In this connection, the data may become revised. Along with the change of the base year, the limitation of data will be changed. This is based on the EU Regulation on business statistics according to which the index must describe market output. Therefore, activities that are not market-based are excluded from the statistics more precisely than before. The effects are of qualitative nature and are visible as revisions to data in some of the published industries.
At the same time, the separate preliminary publication of the statistics at a lag of around one month is discontinued. In future, all data will be published at a lag of around one month from the statistical reference period.
There will be changes in the published series of the turnover of trade. New series are added to the turnover indicator under 45 Wholesale and retail trade and repair services of motor vehicles and motorcycles, 46 Wholesale trade and 47 Retail trade. At the same time, series are removed from 45 Wholesale and retail trade and repair services of motor vehicles and motorcycles, as well as from 47 Retail trade services. The data of the series to be removed can also in future be viewed from archived database tables, but they are no longer updated.
Table on the new content of turnover of trade |
|---|
G Wholesale and retail trade and repair of motor vehicles and motorcycles |
45 Wholesale and retail trade and repair of motor vehicles and motorcycles |
46 Wholesale trade, except of motor vehicles and motorcycles |
47 Retail trade, except of motor vehicles and motorcycles |
451 Sale of motor vehicles |
452 Maintenance and repair of motor vehicles |
453 Sale of motor vehicle parts and accessories |
454 Sale, maintenance and repair services of motorcycles and related parts and accessories |
463 Wholesale of food, beverages and tobacco |
464 Wholesale of household goods |
465 Wholesale of information and communication equipment |
466 Wholesale of other machinery, equipment and supplies |
467 Other specialised wholesale |
471 Retail sale in non-specialised stores |
473 Retail sale of automotive fuel in specialised stores |
474 Retail sale of information and communication equipment in specialised stores |
475 Retail sale of other household equipment in specialised stores |
476 Retail sale of cultural and recreation goods in specialised stores |
477 Retail sale of other goods in specialised stores |
479 Retail trade not in stores, stalls or markets |
4711 Retail sale in non-specialised stores with food, beverages or tobacco predominating |
4719 Other retail sale in non-specialised stores |