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Home BUSINESSRetail trade sales up by 3.4% in Sept
Thu, 27 Oct, 2016 12:09:39 AM
FTimes Report, Oct 27
Development of value and volume of retail trade sales, September 2016, % (TOL 2008). Source: Turnover of trade, Statistics Finland.
The sales of retail trade went up by 3.4 per cent year-on-year in September 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 4.2 per cent.
In daily consumer goods trade, sales increased by 2.8 per cent and the sales volume by 3.0 per cent in September from the corresponding period of the previous year, the data show.
The reported annual changes in trade sales and sales volumes are not seasonally or trading day adjusted that means 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.
Daily consumer goods accounted for 48.9 per cent of turnover in retail trade in 2014, according to the statistics.
The retail trade flash estimate is based on a sample covering, on the average, 60 per cent of retail trade turnover. The data on trade sales by industry will next be released on 15 November 2016.
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