Published: 23 May 2014
Retail trade flash estimate: sales grew by 2.3 per cent year-on-year in April
According to Statistics Finland’s retail trade flash estimate, retail trade sales increased by 2.3 per cent in April 2014 from April 2013. Over the same time period, the volume of sales, from which the impact of prices has been eliminated, went up by 2.4 per cent. The growth in retail trade was especially caused by daily consumer goods trade where sales was 6.4 per cent higher than in April 2013. The volume of sales in daily consumer goods trade also grew by 6.1 per cent year-on-year.
Development of value and volume of retail trade sales, April 2014, % (TOL 2008)
The increase in sales was partly due to Easter being in April this year, while last year it was at the turn of March and April. The fact that Easter occurs in different months is in particular visible in the sales development of food during March and April. There were 24 weekday trading days 1) in April 2014, which is one day less than in April 2013.
According to the Business Register, the share of daily consumer goods of turnover in retail trade was 47.6 per cent in 2012.
The retail trade flash estimate is based on a sample covering, on the average, 60 per cent of retail trade turnover. Data on trade sales by industry will next be released on 13 June 2014.
Flash estimates on retail trade are published at a lag of just under one month from the end of the statistical reference month. The preliminary data on motor vehicle, wholesale and retail trade based on a larger sample will be published at a lag of roughly six weeks from the end of the statistical reference month and the revised data based on total data are published at a lag of roughly ten weeks.
1) Weekday trading days refer to the weekdays of a calendar month (Monday to Saturday) excluding mid-week holidays.
Source: Turnover of trade, Statistics Finland
Inquiries: Jarkko Niemistö 09 1734 2951 (9.6.2014 => 029 551 2951), Tiina Talvio 09 1734 2698 (9.6.2014 => 029 551 2698), palvelut.suhdanne@stat.fi
Director in charge: Hannele Orjala
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- Revisions in these statistics (23.5.2014)
Updated 23.5.2014
Official Statistics of Finland (OSF):
Turnover of trade [e-publication].
ISSN=1799-0939. April 2014. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/klv/2014/04/klv_2014_04_2014-05-23_tie_001_en.html