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Published: 15 October 2009

Sales in retail trade fell by 3.4 per cent in August

According to Statistics Finland, retail trade sales fell by 3.4 per cent in August from August 2008. Sales volume diminished by 3.8 per cent over the same time period. Wholesale trade sales fell by 21.3 per cent and motor vehicle sales by 40.6 per cent. In total trade sales fell by 18.8 per cent in August.

In retail trade, sales in January-August diminished by 2.5 per cent. Over the same time period, motor vehicle sales were 32.9 per cent and wholesale trade sales 19.8 per cent down on the year before. In total trade sales fell by 17.2 per cent in January-August.

Annual change in turnover in trade industries by quarter, August 2009 and early part of 2009, % (TOL 2008)

Annual change by quarter % Annual
change in latest
month % *)
Cumulative
annual
change**
07-09/08 10-12/08 01-03/09 04-06/09 08/09 01-08/2009
Total trade (G) 10.1 -2.4 -14.9 -18.9 -18.8 -17.2
Motor vehicle trade (45) 6.3 1.9 -28.2 -35.3 -40.6 -32.9
Wholesale trade (46) 13.3 -5.4 -16.5 -22.1 -21.3 -19.8
Retail trade (47) 5.4 2.2 -2.5 -2.9 -3.4 -2.5
- daily consumer goods trade*** 8.6 6.7 1.8 2.9 1.4 2.4
*) Annual change compares August 2009 to the corresponding month of the year before.
**) The cumulative annual change compares January-August 2009 to the corresponding period of the year before.
***) According to the Register of Enterprises and Establishments, the share of daily consumer goods
trade (4711, 472) of turnover in retail trade was 32 per cent in 2007.

Turnover in new car sales has been recorded according to a revised accounting practice since data concerning April. Motor car tax is no longer included in turnover as in the past. An estimation of the share of the motor car tax in last year's April-August has been removed from the annual change shown for this April-August.

Source: Turnover of trade 2009, August. Statistics Finland

Inquiries: Mr Marko Tuomiaro +358 9 1734 2705 and Ms Eeva Immonen +358 9 1734 3464, palvelut.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Last updated 15.10.2009

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of trade [e-publication].
ISSN=1799-0939. August 2009. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/klv/2009/08/klv_2009_08_2009-10-15_tie_002_en.html