Finland Times

 

Development of value and volume of retail trade sales, February 2014, % (TOL 2008). Source: Statistics Finland.

The sales volume of retail trade have decreased by 0.3% in February compared to the same month a year before. The volume of sales minus the impact of prices went down by 1.1% during the same period. 

 

According to Statistics Finland’s retail trade flash estimate, sales in daily consumer goods trade grew by 1.3% in February but the volume of sales decreased by 0.4% from the respective period of the previous year. There were 24 trading days in February 2014, which is the same as in February 2013.

 

According to the Business Register, share of daily consumer goods in turnover in retail trade was 47.6% in 2012.

 

The retail trade flash estimate is based on a sample covering 60% of the retail trade turnover on an average. Data on trade sales by industry will be released on April 14, 2014.

 

Flash estimates on retail trade are published at a lag of just under one month from the end of the statistical reference month.

 

The preliminary data on motor vehicle, wholesale and retail trade, based on a larger sample will be published at a lag of roughly six weeks from the end of the statistical reference month and the revised data based on total data are published at a lag of roughly ten weeks.