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Turnover in trade grew by 5.9 per cent in January 2023

release 15/03/2023 | Turnover of trade 2023, January

According to Statistics Finland, turnover in total trade adjusted for working days increased by 5.9 per cent in January 2023 from one year ago. The working day adjusted volume of sales in total trade, from which the impact of price changes has been eliminated, went down by 0.9 per cent. Turnover increased in all biggest industries.

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Seasonally adjusted turnover in total trade grew in January compared to December.
The rise in prices decreased the volume of sales in trade in January from the previous year.

Turnover increased in all biggest industries of trade

Working day adjusted turnover in motor vehicle trade went up by 4.6 per cent in January from one year back. Sales volume fell by 0.3 per cent from one year ago.

Working day adjusted turnover in the trade industry with the biggest turnover, wholesale trade, grew in January by 6.4 per cent and sales volume by 0.3 per cent year-on-year.

In retail trade, working day adjusted turnover grew by 5.2 per cent in January, but sales volume decreased by 3.2 per cent. Turnover in daily consumer goods trade increased by 5.7 per cent from the previous year while sales volume decreased by 5.7 per cent in the corresponding period. Turnover in department store trade grew by 8.2 per cent but sales volume fell by 1.5 per cent from one year back. Turnover in specialised store trade grew by 2.0 per cent and sales volume fell by 3.0 per cent.

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Seasonally adjusted turnover grew compared to December

Seasonally adjusted turnover in total trade grew by 1.7 per cent in January compared to December. Seasonally adjusted sales volume went up by 1.9 per cent. In December, seasonally adjusted turnover decreased by 2.1 per cent and sales volume by 1.5 per cent compared to the month before.

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