Published: 24 March 2017
Retail trade flash estimate: sales fell by 0.2 per cent year-on-year in February
According to Statistics Finland’s retail trade flash estimate, the sales of retail trade decreased by 0.2 per cent in February from February 2016. Over the same period, the volume of retail trade sales, from which the impact of prices has been eliminated, fell by 0.8 per cent. In daily consumer goods trade, sales decreased by 0.7 per cent and the sales volume by 1.1 per cent in February from the corresponding period of the previous year.
Development of value and volume of retail trade sales, February 2017, % (TOL 2008)
![Development of value and volume of retail trade sales, February 2017, % (TOL 2008)](klv_2017_02_2017-03-24_tie_001_en_001.png)
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 February, the development of the sectors of trade was in part affected by the leap day in the comparison year 2016.
According to the Structural business and financial statement statistics, daily consumer goods accounted for 49.6 per cent of turnover in retail trade in 2015.
The retail trade flash estimate is based on a sample covering, on the average, 60 per cent of retail trade turnover. Data on trade sales by industry will next be released on 13 April 2017.
Flash estimates on retail trade are published at a lag of just under one month from the end of the statistical reference month. The preliminary data on motor vehicle, wholesale and retail trade based on a larger sample will be published at a lag of roughly six weeks from the end of the statistical reference month and the revised data based on total data are published at a lag of roughly ten weeks.
Source: Turnover of trade, Statistics Finland
Inquiries: Milka Suomalainen 029 551 2912, Seija Karttunen 029 551 2741, palvelut.suhdanne@stat.fi
Director in charge: Mari Ylä-Jarkko
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- Revisions in these statistics (24.3.2017)
Updated 24.03.2017
Official Statistics of Finland (OSF):
Turnover of trade [e-publication].
ISSN=1799-0939. February 2017. Helsinki: Statistics Finland [referred: 17.8.2024].
Access method: http://www.stat.fi/til/klv/2017/02/klv_2017_02_2017-03-24_tie_001_en.html