Retail sales grow by 3.7% in June

The retail trade sales compared to June 2016 increased by 3.7 per cent in June this year, according to Statistics Finland.

The volume of retail trade sales, from which the impact of prices has been drawn, went up by the same percentage.

In turn, sales and sales volume in daily consumer goods trade increased in June by 3.1 per cent from the corresponding period of the previous year.

Prices remained in June on level with the previous year both in retail trade and daily consumer goods trade, for which reason the development of turnover and sales volume did not differ in either industry.

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.

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 11 August, 2017.