13.02.2013

Finland’s retail sales up by 3.2% in December

Department stores and hypermarkets enjoyed 3.7% turnover growth in 2012.

The value of Finland’s retail sales was EUR 1.5095 billion in December 2012, which was an increase of 3.2% from December 2011, according to the Finnish Grocery Trade Association. The association’s members' share of the Finnish retail market for groceries is approximately 95%.

The turnover of department stores and hypermarkets was EUR 909.9 million in December 2012, growing 1.5% from December 2011. Turnover from groceries increased by 4.6% and from clothing by 1.9%. Turnover from home and leisure products fell by 2.7% and the turnover from all consumer goods by 1.5%.

Retail growth in 2012

The total value of daily consumer goods sales in 2012 was EUR 15.9167 billion, which was 5.3% more than the previous year. Convenience stores enjoyed the fastest growth with an 8.1% increase in turnover. The price of groceries increased by 5.2% during 2012, while the price of daily consumer goods went up by 5.5%.

In 2012 the turnover of department stores and hypermarkets increased by 3.7% to a total of EUR 7.268 billion. Turnover from groceries increased by 5.5% from the year before, while turnover from clothing went up by 1.5% and from home and leisure products by 1.3%. Turnover from all consumer goods increased by 1.4% in 2011, compared to 1.7% growth in 2011.

Source: Finnish Grocery Trade Association