June poor month for retail trade

Retail turnover was 4 percent lower in June 2008 than in the same month last year. The decrease is due to the unfavourable shopping day pattern. June 2008 was two important shopping days (a Friday and a Saturday) down on June 2007. After correction for this negative effect, a marginal turnover growth remained. The volume of sales, however, decreased slightly.

Partly due to the unfavourable shopping day pattern, the various branches in the food and non-food sectors faced substantial loss of turnover. Supermarkets performed best. Supermarket sales dropped by over 1 percent.

The figures published in this update have been adjusted relative to the June retail figures released on 19 August 2008. The revision is based on new and more detailed information.

Retail turnover

Retail turnover