Finnish retail trade starts year with high growth

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

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