Finland Times

Friday, 19 April, 2024
Home BUSINESSRetail trade sales slightly up in June
Print
Wed, 27 Jul, 2016 12:06:18 AM
FTimes Report, Jul 27
 
Development of value and volume of retail trade sales, June 2016, % (TOL 2008). Source: Turnover of trade, Statistics Finland.
The sales of retail trade went up by 0.4 per cent year-on-year in June 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 1.3 per cent.
 
In daily consumer goods trade, sales increased by 1.6 per cent and the sales volume by 2.7 per cent in June from the corresponding period of the previous year, the statistics show.
 
The 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.
 
The opening hours of retail shops were deregulated starting from 1 January 2016, after which some retail shops have extended their opening hours.
 
The daily consumer goods accounted for 48.9 per cent of turnover in retail trade in 2014, according to the Structural business and financial statement statistics.
 
The retail trade flash estimate is based on a sample covering, on the average, 60 per cent of retail trade turnover.
 
 
comments powered by Disqus
More News

 
   
Copyright © 2024 All rights reserved
Developed By -