Home > Statistics > Turnover of trade > 2008 > November > Sales in retail trade fell by 0.5 per cent in November

Published: 15 January 2009

Sales in retail trade fell by 0.5 per cent in November

According to Statistics Finland, retail trade sales were 0.5 per cent lower in November 2008 than one year earlier. Sales volume decreased by 4.6 per cent during the same period. Sales increased by 0.9 per cent in both department store trade and daily consumer goods trade. In wholesale trade sales decreased by 11.4 per cent, whereas in motor vehicle trade sales grew by 3.1 per cent from the year before. In total trade sales fell by 6.8 per cent in November.

The cumulative annual change in retail trade sales over the January to November period was 6.1 per cent. Over the same time period the corresponding growth in motor vehicle sales was 4.6 per cent and in wholesale trade sales 9.1 per cent. In total trade sales grew by 7.6 per cent year-on-year in the January to November period.

Annual change in turnover in trade industries in latest past quarters, and in November and early part of 2008, %

	Annual change by quarter %				Annual change in latest month %*	Cumulative annual change**
	10-12/07	01-03/08	04-06/08	07-09/08	11/08	01-11/08
Total trade	6.6	7.8	10.8	10.2	-6.8	7.6
Motor vehicle trade	-3.5	3.6	6.6	6.6	3.1	4.6
Wholesale trade	9.1	9.6	13.2	13.3	-11.4	9.1
Retail trade	6.6	6.7	8.0	5.5	-0.5	6.1
- daily consumer goods trade (35%)	7.5	9.0	8.5	8.4	0.9	8.2
- department store trade (19%)***	7.7	3.7	8.8	4.5	0.9	5.2
*) Annual change compares November 2008 to the corresponding month of the year before. **) Cumulative annual change compares January-November 2008 to the corresponding period of the year before. ***) Share of industry of total turnover of retail trade in 2007.

Starting from data concerning January 2009, the revised TOL 2008 standard classification of industries and base year 2005=100 will be introduced in these statistics. A news item about the adoption of TOL 2008 in statistics describing turnover in trade is posted on the home page of the statistics.

Source: Turnover of trade 2008, November. Statistics Finland

Inquiries: Retail trade: Mr Marko Tuomiaro +358 9 1734 2705 and

Ms Eeva Immonen +358 9 1734 3464
Motor vehicle trade and Wholesale trade: Ms Aila Kovanen +358 9 1734 3384

Director in charge: Ms Hannele Orjala

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Last updated 15.1.2009