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Published: 14 March 2008

Sales of retail trade grew by 7.6 per cent in January

According to Statistics Finland, retail trade sales were 7.6 per cent higher in January 2008 than one year previously. Department store sales grew by 7.3 per cent and daily consumer goods sales by 9.7 per cent in the same period. Strong growth was also recorded in wholesale trade and motor vehicle trade. In wholesale trade the growth from the previous year's corresponding month amounted to 15.1 per cent and in motor vehicle trade to 12.0 per cent. In total trade the growth of sales accelerated to 12.9 per cent in January.

Growth of turnover in total trade (incl. motor vehicle, wholesale and retail trade) was 7.2 per cent in 2007. The value of retail trade sales was 7.0 per cent higher in 2007 than in the year before. Wholesale trade grew by 7.8 per cent and motor vehicle trade by 5.3 per cent.

Annual change in turnover in trade industries by quarter, January 2008 and whole year 2007, %

 
 
Annual change by quarter % Annual
change in latest month %
Whole year 2007
%**
01-03/07 04-06/07 07-09/07 10-12/07 01/08 2007/2006
Total trade 8.1 7.0 6.4 7.2 12.9 7.2
Motor vehicle trade 9.5 7.8 7.5 -3.8 12.0 5.3
Wholesale trade 7.5 7.2 5.8 10.3 15.1 7.8
Retail trade 8.7 5.7 7.0 7.0 7.6 7.0
- daily consumer goods trade 6.4 5.1 4.9 7.9 9.7 6.1
- department store trade 12.4 4.9 7.6 8.5 7.3 8.2
*) Annual change compares January 2008 to the corresponding month of the year before.
**) Year 2007 compares the year 2007 to the year 2006.

A new calculation method of turnover and wage bill indicators will be introduced by summer 2008. Data on 2008 may become slightly revised due to the new calculation method. Further information on the methodological revision is available from Mr Antti Santaharju, tel. +358 9 1734 2720.

Source: Wholesale and retail trade 2008, January. Statistics Finland

Inquiries: Retail trade: Mr Marko Tuomiaro +358 9 1734 2705 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 14.3.2008

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of trade [e-publication].
ISSN=1799-0939. January 2008. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/klv/2008/01/klv_2008_01_2008-03-14_tie_002_en.html