Finnish grocery sales volume up 3.6 percent in March

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According to Statistics Finland’s retail trade flash estimate, the sales of retail trade decreased by 0.3 percent in March from March 2015. Over the same period, the volume of retail trade sales, from which the impact of prices has been eliminated, grew by 1.4 percent.

In daily consumer goods trade, sales grew by 2.4 percent and the sales volume by 3.6 percent in March from the corresponding period of the previous year. Turnover developed weaker than sales volume both in retail trade and in daily consumer goods trade due to fallen prices.

The development of sales was partly due to Easter being in March this year, while last year it was in April. The development of retail trade was also affected by sales campaigns being arranged in a different month than last year. The opening hours of retail shops were deregulated starting from 1 January 2016, after which some retail shops have extended their opening hours.