Saturday 10/23/21

Turnover of trade grew by 1.2%

Both turnover and sales volume grew in all industries of trade apart from wholesale.
Shop-t-shirt-trade

According to Statistics Finland, the working day adjusted turnover of total trade grew by 1.2% in August compared to August 2018.

The working day adjusted sales volume, from which the impact of price changes has been eliminated, also increased by 1.3% over the same period. Both turnover and sales volume grew in all industries of trade apart from wholesale trade.

Trade-turnover-August-2019

In retail trade, the working day adjusted turnover increased altogether by 4.5% in August. Among its industries, growth was fastest in department store and specialised store trade. The turnover in department store trade was 7% and that in specialised store trade 5.8% higher than one year earlier.

The sales volume of these industries also developed favourably. In daily consumer goods trade, turnover grew, in turn, by 3.3% and the sales volume by 1%.

Motor vehicle trade also grew by close on 1% in August. By contrast, the working day adjusted turnover and sales volume of wholesale trade both decreased by around half a per cent from one year ago.

Trade-turnover-August-2019-branch

Month-on-month evolution

The seasonally adjusted turnover and sales volume of total trade both grew slightly by 0.1% in August compared to July. In July, turnover remained on the same level with the previous month and the sales volume went down by 0.2% over the same period.

In January to August, the working day adjusted turnover of total trade increased by 1.3% and the sales volume by 0.5% from the corresponding period of 2018.

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