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Published: 15 October 2008

Sales in retail trade grew by 3.7 per cent in August

According to Statistics Finland, retail trade sales were 3.7 per cent higher in August 2008 than one year previously. Sales volume fell by 0.5 per cent during the same period. Department store sales grew by 7.0 per cent and daily consumer goods sales by 5.7 per cent. Wholesale trade sales went up by 6.6 per cent and motor vehicle sales by 2.4 per cent from the previous year. In total trade, sales grew by 5.2 per cent in August.

In January to August, the cumulative annual change in retail trade sales was 7.1 per cent. In the same period the corresponding figure for motor vehicle sales stood at 4.9 per cent and for wholesale trade sales at 11.9 per cent. In total trade, sales grew by 9.6 per cent year-on-year in the January to August period.

Annual change in turnover in trade industries in latest past quarters, and in August and early part of 2008, %

 
 
Annual change by quarter % Annual change in latest month %* Cumulative annual change**
07-09/07 10-12/07 01-03/08 04-06/08 08/08 01-08/08
Total trade 6,3 6,6 8,0 11,1 5,2 9,6
Motor vehicle trade 7.6 -3.6 3.5 6.7 2.4 4.9
Wholesale trade 5.6 9.1 9.5 13.5 6.6 11.9
Retail trade 6.8 6.6 6.7 8.3 3.7 7.1
- daily consumer goods trade 4.9 7.5 9,0 9,0 5.7 8.9
- department store trade 7.6 7.7 3.5 8.4 7.0 5.9
*) Annual change compares August 2008 to the corresponding month of the year before.
**) The cumulative annual change compares January-August 2008 to the corresponding period of the year before.

 

Starting from data concerning January 2009, the revised TOL 2008 standard classification of industries and base year 2005=100 will be introduced in these statistics. A news item about the adoption of TOL 2008 in statistics describing turnover in trade is posted on the home page of the statistics.

Source: Turnover of trade 2008, August. Statistics Finland

Inquiries: Retail trade: Mr Marko Tuomiaro +358 9 1734 2705 and Ms Eeva Immonen 358 9 1734 3464
Motor vehicle trade and Wholesale trade: Ms Aila Kovanen +358 9 1734 3384

Director in charge: Ms Hannele Orjala

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Last updated 15.10.2008

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of trade [e-publication].
ISSN=1799-0939. August 2008. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/klv/2008/08/klv_2008_08_2008-10-15_tie_002_en.html