Home > Statistics > Turnover of trade > 2018 > October > Sales in total grew by 3.8 per cent year-on-year in October

Published: 12 December 2018

Sales in total grew by 3.8 per cent year-on-year in October

According to Statistics Finland, sales in total trade increased by 3.8 per cent in October from October 2017. Sales in wholesale trade grew most among the sectors of trade, altogether by 4.8 per cent. Sales in motor vehicle and retail trade, in turn, both grew by 3.1 per cent from the previous year. Among retail trade industries, daily consumer goods sales grew by 3.4 per cent, whereas sales in department stores contracted by one per cent compared to October 2017.

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

Sales volume in retail trade increased by 1.0 per cent year-on-year in October

The sales volume in retail trade was 1.0 per cent greater in October than twelve months earlier. Sales volume in motor vehicle trade, in turn, grew by 3.9 per cent. By contrast, sales volume in wholesale trade went down by 1.4 per cent from one year ago. Sales volume in total trade remained in October on level with last year’s October.

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 2.8 per cent in January to October

In the January to October period, sales went up by 2.8 per cent in retail trade and by 4.7 per cent in wholesale trade compared with the corresponding period of 2017. Sales in motor vehicle trade increased by 4.3 per cent over the same period. Total trade sales increased by 4.1 per cent compared with January to October 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: Milka Suomalainen 029 551 2912, 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) (12.12.2018)

Figures

• Appendix figure 1. Turnover of motor vehicles, wholesale and retail trade, trend series (TOL 2008) (12.12.2018)

Revisions in these statistics

• Revisions in these statistics (12.12.2018)

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Updated 12.12.2018