Commerce will begin to slightly grow next year - the government will support the international competitiveness of commerce with its RDI policy
The decline in the retail trade’s sales volume has continued this year, and the Finnish Commerce Federation predicts that it will decline by approximately one per cent towards the end of the year. Next year, commerce sector sales are expected to begin to moderately increase. However, the forecast has its risks, and it is important for the government to ensure the international competitiveness of commerce through its RDI decisions and avoid cutting consumer purchasing power through tax policy. The soon-to-be tightening of VAT will not ease the situation, especially for specialty goods trade.
