Home > Statistics > Turnover of trade > 2017 > May > Retail trade flash estimate: sales grew by 1.4 per cent year-on-year in May

Published: 27 June 2017

Retail trade flash estimate: sales grew by 1.4 per cent year-on-year in May

According to Statistics Finland’s retail trade flash estimate, retail trade sales increased by 1.4 per cent in May from May 2016. The volume of retail trade sales, from which the impact of prices has been eliminated, went up by the same amount. In turn, sales and sales volume in daily consumer goods trade increased in May by 1.2 per cent from the corresponding period of the previous year. Prices remained in May on level with the previous year both in retail trade and daily consumer goods trade, for which reason the development of turnover and sales volume did not differ in either industry.

Development of value and volume of retail trade sales, May 2017, % (TOL 2008)

The reported annual changes in trade sales and sales volumes are not seasonally or trading day adjusted, which means that the effects of public holidays are not considered.

According to the Structural business and financial statement statistics, daily consumer goods accounted for 49.6 per cent of turnover in retail trade in 2015.

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 12 July 2017.

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.

Source: Turnover of trade, Statistics Finland

Inquiries: Seija Karttunen 029 551 2741, palvelut.suhdanne@stat.fi

Director in charge: Sami Saarikivi

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Appendix tables

• Appendix table 1. Development of value and volume of retail trade sales, May 2017, (TOL 2008) (27.6.2017)

Revisions in these statistics

• Revisions in these statistics (27.6.2017)

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Updated 27.06.2017