Home > Statistics > Turnover of trade > 2018 > July > Retail trade sales grew by 2.7 per cent year-on-year in July

Published: 13 September 2018

Retail trade sales grew by 2.7 per cent year-on-year in July

According to Statistics Finland, sales in total trade grew by 6.7 per cent in July from July 2017. Sales in wholesale trade grew most among the sectors of trade, altogether by 9.2 per cent. Sales of motor vehicle trade went up by 6.3 per cent over the same period and sales of retail trade, in turn, by 2.7 per cent. Among retail trade industries, daily consumer goods sales grew by 3.9 per cent, whereas sales in department stores contracted by 0.1 per cent compared to July 2017.

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

Sales volume in motor vehicle trade grew by 6.5 per cent year-on-year in July

The sales volume in retail trade was 1.5 per cent greater in July than twelve months earlier. Over the same period, the sales volume in wholesale trade grew by 3.7 per cent and in motor vehicle trade, in turn, by 6.5 per cent from one year ago. The sales volume of total trade increased by 3.3 per cent in July from July 2017.

The volume index of sales is calculated by removing the effect of price changes from the value index series.

Sales in retail trade grew by 3.1 per cent in January to July

In the January to July period, sales went up by 3.1 per cent in retail trade and by 5.8 per cent in wholesale trade compared with the corresponding period of 2017. Sales in motor vehicle trade increased by 5.2 per cent over the same period. Total trade sales increased by 4.9 per cent compared with January to July 2017.

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.

Source: Turnover of trade, Statistics Finland

Inquiries: Aki Niskanen 029 551 2657, Seija Karttunen 029 551 2741, palvelut.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Year-on-year change in turnover in trade industries, % (TOL 2008) (13.9.2018)

Figures

• Appendix figure 1. Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (13.9.2018)

Revisions in these statistics

• Revisions in these statistics (13.9.2018)

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Updated 13.09.2018