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Financial News: Finland's Retail Sales Rise As Expected In August

Finland's Retail Sales Rise As Expected In August

10/11/2017 - 02:47:00 (RTTNews)

(RTTNews) - Finland's retail sales grew as initially estimated in August, Statistics Finland reported Wednesday.

Retail sales turnover increased 2.8 percent year-on-year in August, in line with the estimate released on September 26.

Among retail trade industries, daily consumer goods sales grew 4.1 percent, whereas sales in department stores contracted 0.7 percent from previous year.

Sales in total trade advanced 6.7 percent in August and sales in wholesale trade grew most among the sectors of trade, altogether by 9.8 percent.

At the same time, retail sales volume increased 2.9 percent annually, faster than the 2.5 percent rise in July and matched the flash estimate.

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