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Home BUSINESSRetail trade sales down by 0.3% in July
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Thu, 27 Aug, 2015 12:10:46 AM
FTimes Report, Aug 27
 
Sales in retail trade went down by 0.3 per cent year-on-year in July 2015, according to Statistics Finland’s retail trade flash estimate.
 
Over the same period, the volume of retail trade sales, from which the impact of prices has been eliminated, grew by 0.9 per cent.
 
In daily consumer goods trade, sales contracted by 2.8 per cent and the sales volume by 1.2 per cent in July from the corresponding period of the previous year, the data show.
 
There were 27 weekday trading days in July 2015, which is the same as in July 2014. Weekday trading days refer to the weekdays of a calendar month excluding mid-week holidays.
 
According to the Structural business and financial statement statistics, daily consumer goods accounted for 48.3 per cent of turnover in retail trade in 2013.
 
The retail trade flash estimate is based on a sample covering, on the average, 60 per cent of retail trade turnover.
 

Table 1. Development of value and volume of retail trade sales, July 2015, (TOL 2008)

  Index Year-on-year change in the latest month, % 1) Cumulative year-on-year change, %1)
07/2015 07/2015 01-07/2015
Retail trade (47) Value 115,2 -0,3 -1,1
Volume 110,4 0,9 -0,1
Daily consumer goods trade (4711, 472) Value 123,2 -2,8 -2,0
Volume 110,7 -1,2 -1,1
1) Year-on-year change compares the value for an examined time period to the value for the corresponding time period twelve months back.

Source: Turnover of trade, Statistics Finland.

 
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