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Published: 15 September 2016

Total trade sales fell by 4.7 per cent year-on-year in July

According to Statistics Finland, retail trade sales went down by 1.1 per cent in July from July 2015. Sales of daily consumer goods contracted by 0.8 per cent, whereas sales in department store trade went up by 3.0 per cent. Among the main sectors of trade, sales contracted most in wholesale trade, in total by 8.6 per cent from one year ago. In turn, motor vehicle sales grew by 1.7 per cent. Sales decreased in total trade by 4.7 per cent from July 2015.

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

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

Sales volume declined in all main sectors of trade in July apart from motor vehicle trade

In July, the sales volume of retail trade was 0.2 per cent lower than in July 2015. In wholesale trade, the sales volume went down by 6.9 per cent. By contrast, the sales volume in motor vehicle trade increased by 1.4 per cent from one year ago. Thus, the sales volume in total trade declined by 3.5 per cent in July.

The volume index of sales is calculated by removing the effect of price changes from the value index series.

Total trade sales nearly at the same level as one year ago in January to July

Sales in total trade decreased by 0.1 per cent in January to July from January to July 2015. Sales in wholesale trade fell by 2.4 per cent over the same period. By contrast, sales in motor vehicle trade grew by 9.2 per cent and in retail trade by 0.3 per cent from one year back.

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. The opening hours of retail shops were deregulated starting from 1 January 2016 after which some retail shops have extended their opening hours.

Source: Turnover of trade, Statistics Finland

Inquiries: Milka Suomalainen 029 551 2912, Seija Karttunen 029 551 2741,

Director in charge: Mari Ylä-Jarkko

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Revisions in these statistics

Updated 15.09.2016

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of trade [e-publication].
ISSN=1799-0939. July 2016. Helsinki: Statistics Finland [referred: 5.12.2023].
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