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Published: 13 February 2009

Retail trade sales grew by 0.2 per cent in December

According to Statistics Finland, retail trade sales were 0.2 per cent higher in December 2008 than one year previously. Sales volume fell by 4.0 per cent during the same period. Department store sales grew by 0.7 per cent and daily consumer goods sales by 5.3 per cent. In wholesale trade sales decreased by 3.4 per cent, whereas in motor vehicle trade sales grew by 11.1 per cent from the year before. In total trade sales fell by 0.8 per cent in December.

Compared to 2007, the growth of turnover in total trade (incl. motor vehicle, wholesale and retail trade) amounted to 6.5 per cent in 2008. Retail trade sales were 5.4 per cent higher in 2008 than in the year before. Sales grew by 7.4 per cent in wholesale trade and by 4.7 per cent in motor vehicle trade.

Annual change in turnover in trade industries by quarter, in December 2008 and in 2008, %

 
 
Annual change by quarter % Annual
change in latest month % *
Whole year
2008 %**
01-03/08 04-06/08 07-09/08 10-12/08 12/08 2008/2007
Total trade 7.8 10.8 10.1 -2.2 -0.8 6.5
Motor vehicle trade 3.6 6.6 6.3 1.9 11.1 4.7
Wholesale trade 9.6 13.2 13.2 -4.7 -3.4 7.4
Retail trade 6.7 8.1 5.5 1.8 0.2 5.4
- daily consumer goods trade (35%) 9.0 8.6 8.7 6.5 5.3 8.2
- department store trade (19%)*** 3.7 8.7 4.7 1.9 0.7 4.6
*) Annual change compares December 2008 to the corresponding month of the year before.
**) Whole year compares the year 2008 to the year 2007.
***) Share of industry of total turnover of retail trade in 2007.

Starting from the next release, the revised standard industrial classification TOL 2008 and base year 2005=100 will be adopted 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, December. 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: Hannele Orjala

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Last updated 13.2.2009

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of trade [e-publication].
ISSN=1799-0939. December 2008. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/klv/2008/12/klv_2008_12_2009-02-13_tie_002_en.html