Home > Statistics > Turnover of trade > 2014 > January > Retail trade sales grew by 2.1 per cent in January from one year ago

Published: 14 March 2014

Retail trade sales grew by 2.1 per cent in January from one year ago

According to Statistics Finland, retail trade sales increased by 2.1 per cent in January from January 2013. In daily consumer goods trade, sales grew by 4.3 per cent and in department store trade by 3.8 per cent from one year ago. Motor vehicle sales was 13.4 per cent higher than one year previously. The growth in motor vehicle sales was partly affected by the weak sales in January 2013. By contrast, wholesale trade sales contracted by 1.7 per cent year-on-year. In total trade, sales rose in January by 1.3 per cent from the corresponding period of the previous year.

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

The sales volume in retail trade went up by 0.8 per cent in January from the previous year's January. In wholesale trade, sales volume declined by 0.9 per cent while motor vehicle sales volume grew by 13.7 per cent. Thus, sales volume increased in total trade by 1.4 per cent in January from the year before. The volume index of sales is calculated by removing the effect of price changes from the value index series.

The volume of retail trade sales in Finland fell faster than in the eurozone in 2013

According to Eurostat, the working day adjusted volume of retail trade sales decreased by 1.2 per cent in Finland from 2012 to 2013. In the eurozone, the sales volume contracted by 0.8 per cent and in the entire European Union by 0.1 per cent. In the Nordic countries, the volume of retail trade sales grew most in Sweden, where the growth amounted to 2.3 per cent from 2012.

Annual change in the working day adjusted volume of retail trade sales in different countries in 2013, %

Source: Turnover of trade, Statistics Finland

Inquiries: Jarkko Niemistö 09 1734 2951, Tiina Talvio 09 1734 2698, palvelut.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Appendix tables

• Appendix table 1. Year-on-year change in turnover in trade industries, % (TOL 2008) (14.3.2014)

Figures

• Appendix figure 1. Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (14.3.2014)

Revisions in these statistics

• Revisions in these statistics (14.3.2014)

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Updated 14.3.2014