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Published: 14 June 2011

Turnover of construction enterprises grew by 17 per cent in the January to March period

The turnover of construction enterprises grew by 17.1 per cent in the January to March period when compared with the corresponding three-month period of the year before. In the latest examination period, the turnover of building construction went up by 24.6 per cent and that of specialised construction by 14.3 per cent. The turnover of civil engineering increased by 0.1 per cent in the January to March period from one year back.

Year-on-year change in turnover in the 1/2011–3/2011 and 1/2010–3/2010 time periods, % (TOL 2008)

Year-on-year change in turnover in the 1/2011–3/2011 and 1/2010–3/2010 time periods, % (TOL 2008)
The sales volume of construction enterprises grew by 20.7 per cent year-on-year in the January to March period. In the corresponding period, the sales volume of building construction enterprises increased by 28.4 per cent. Specialised construction went up by 17.8 per cent. The sales volume of civil engineering in turn fell by 4.2 per cent in the January to March period.

The volume index of enterprises’ sales is calculated by removing the effect of price changes from the turnover index series.

Reversed liability for value added tax in construction services was introduced in April 2011. The revision causes changes to the periodic tax return data used as data sources for these statistics starting from the data for April 2011. Statistics Finland will assess during autumn whether the tax reform requires any change measures in statistics production.


Source: Index of turnover of construction 2011, March, Statistics Finland

Inquiries: Kirsi Ristola (09) 1734 2430, Heli Suonio (09) 1734 2481, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Updated 14.6.2011

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover of construction [e-publication].
ISSN=1798-5935. March 2011. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/rlv/2011/03/rlv_2011_03_2011-06-14_tie_001_en.html