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Fri, 27 May, 2016 12:01:16 AM FTimes Report, May 27  Development of value and volume of retail trade sales, April 2016, % (TOL 2008). Source: Turnover of trade, Statistics Finland. The sales in retail trade went up by 1.5 per cent year-on-year in April 2016, 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 2.4 per cent.
In daily consumer goods trade, sales decreased by 1.9 per cent and the sales volume by 1.3 per cent in April from the corresponding period of the previous year.
Turnover developed weaker than sales volume both in retail trade and in daily consumer goods trade due to fallen prices.
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.
In April, the development of sales was partly due to Easter being in March this year, while last year it was in April.
The fact that Easter occurs in different months is in particular visible in the sales development of food during March and April.
In addition, the development of retail trade was in March to April affected by sales campaigns being arranged in a different month than last year, the estimate shows.
The opening hours of retail shops were deregulated starting from 1 January 2016, after which some retail shops have extended their opening hours.
According to the Structural business and financial statement statistics, daily consumer goods accounted for 48.9 per cent of turnover in retail trade in 2014.
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| Monday, 29 April, 2024 |
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