Commerce is starting to grow – the brake on consumption is easing up
The sales volume and turnover of the retail sector have been growing since September. However, employment in the retail sector continues to fall. The Finnish Commerce Federation predicts that sales will grow moderately this and next year. At the same time, however, it estimates that up to 12,000-13,000 jobs in the sector will be lost by 2027 when compared to 2024. Consumers' caution is slowing down the recovery of demand, and the Finnish Commerce Federation is proposing an increase in the tax credit for household expenses and a temporary removal of transfer tax to accelerate consumption.