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Turnover of construction decreased by 7.5 per cent in June 2024 from one year ago

Release related to topics:Housing and constructionEnterprises
release | Index of turnover of construction 2024, June

According to Statistics Finland, the working day adjusted turnover of construction enterprises decreased by 7.5 per cent in June 2024 compared to the previous year. The volume of sales, from which the impact of price changes has been eliminated, went down by 4.1 per cent. The decline in construction was most affected by the weak development of turnover and sales volume in building construction.

Key selections

  • Turnover of construction decreased by 7.5 per cent in June 2024 from one year ago.
  • Sales volume decreased by 4.1 per cent in June 2024 from one year ago.
  • The turnover and sales volume of construction decreased in most industries.

The turnover and sales volume of construction decreased in most industries

In June 2024, working day adjusted turnover in construction of buildings fell by 14.7 per cent and sales volume by 12.2 per cent compared to one year ago. In turn, working day adjusted turnover in civil engineering decreased by 6.8 per cent and sales volume by 5.6 per cent from the previous year. Turnover in specialised construction activities went down by 1.6 per cent but sales volume grew by 1.3 per cent from one year ago.

Seasonally adjusted turnover in construction decreased compared to May

Seasonally adjusted turnover in construction decreased by 1.4 per cent in June 2024 compared to May. Seasonally adjusted sales volume decreased by 0.7 per cent from May.

Tables

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Annual change in working day adjusted turnover and sales volume in sectors of construction, % (TOL 2008)

Data revisions

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Revisions to annual changes in working day adjusted turnover in sectors of construction

Database tables

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Updated database tables
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Referencing instructions

Official Statistics of Finland (OSF): Index of turnover of construction [online publication].
Reference period: 2024, June. ISSN=1798-5935. Helsinki: Statistics Finland [Referenced: 17.12.2024].
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