Finland: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is -2.81 percent as of October 2024, no change compared to the previous value of -2.81 percent. Historically, the average for Finland from January 1996 to October 2024 is 2.51 percent. The minimum of -6.48 percent was recorded in March 2023, while the maximum of 12.65 percent was reached in November 1998.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Finland: Retail sales Y-on-Y |
|---|---|
| 2024 Oct | -2.81 |
| 2024 Sep | -2.81 |
| 2024 Aug | -0.43 |
| 2024 Jul | -2.05 |
| 2024 Jun | -2.16 |
| 2024 May | -0.86 |
| 2024 Apr | -4.32 |
| 2024 Mar | -0.22 |
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Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 1.10 | 9/2024 | percent |
| Retail sales | 90.00 | 10/2024 | index points |
| Retail sales Y-on-Y | -2.81 | 10/2024 | percent |
| House price index | 108.95 | Q2/2024 | index points |
| Real residential property prices Y-on-Y change | -6.28 | Q2/2024 | percent |
| Business confidence survey | -5.31 | 11/2024 | points |
| Consumer confidence survey | -7.40 | 11/2024 | points |