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Home BUSINESSSales fall in trade sectors in September
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Fri, 13 Nov, 2015 04:07:34 AM
FTimes Report, Nov 13
 
Annual change in turnover in trade industries, % (TOL 2008). Source: Turnover of trade, Statistics Finland.
Among the sectors of trade the sales in wholesale trade declined most in September by 7.3 per cent compared to September 2014, according to Statistics Finland.  
 
In retail trade, sales fell by 1.7 per cent from one year ago. In daily consumer goods trade included in retail trade, sales contracted by 1.6 per cent and in department store trade by 0.6 per cent from one year ago.
 
By contrast, motor vehicle sales grew by 3.5 per cent in September from September 2014.
 
Despite the growth in motor vehicle sales, total trade sales fell by 4.2 per cent due to the weak sales development in wholesale and retail trade.
 
The sales volume in wholesale trade declined by 3.4 per cent in September from September 2014.
 
In retail trade, the sales volume remained, however, almost on level with the year before as growth amounted to 0.2 per cent from one year ago.
 
In motor vehicle trade, the sales volume, in turn, went up by 3.7 per cent from September 2014.
 
The decline in the sales volume of wholesale trade pushed the volume of total sales down by 1.3 per cent.
 
The volume index of sales is calculated by removing the effect of price changes from the value index series.
 
The more positive development of sales volume compared with turnover was caused by a drop in prices.
 
In the January to September, among the sectors of trade, sales only grew in motor vehicle trade, where growth amounted to 0.6 per cent compared to January to September 2014.
 
Among the sectors of trade, wholesale trade decreased most in the corresponding period as the decline amounted to 5.0 per cent year-on-year.
 
In retail trade, sales decreased, in turn, by 1.1 per cent from January to September 2014.
 
Total trade sales fell by 3.1 per cent year-on-year in January to September.
 
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