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Finnish retail trade starts year with high growth

Finnish retail trade starts year with high growth

Publicerat av Tony Harkén Thursday, 29 March 2012.

Retail trade sales up by 9.0% and wholesale trade by 13.4%.

Retailers’ cash tills were ringing Finland in January 2011 as retail sales increased by 9.0% from the same month one year ago, according to Statistics Finland. The volume of retail trade sales also grew by 5.4%. In the daily consumer goods trade, sales grew by 8.5% and the volume of sales increased by 3.4%.

Department store trade also went up by 4.3% in value and 3% in volume. Wholesale trade sales grew by an impressive 13.4%, with volume increasing by 9.3%. The motor vehicle trade enjoyed the fastest growth of all with sales going up by 16.2% year-on-year and sales volume increasing by 15%. In total trade, sales grew by 12.5 per cent in January.

According to Statistics Finland’s figures for the year 2011, retail trade sales in Finland increased by 5.1% compared to 2010. The volume of retail trade sales was up by 2.1%. Wholesale trade sales grew by 7.8% and motor vehicle sales by 16.7%. Total trade sales increased by 8.1% in 2011 compared to 2010.

Source: Statistics Finland

Publicerat av

Tony Harkén

finland

Time in Finland

FI - Time