Turnover of construction decreased by 2.8 per cent in August 2024 from one year ago
According to Statistics Finland, the working day adjusted turnover of construction enterprises decreased by 2.8 per cent in August 2024 compared to the previous year. The volume of sales, from which the impact of price changes has been eliminated, went down by 0.4 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 2.8 per cent in August 2024 from one year ago.
- Sales volume decreased by 0.4 per cent in August 2024 from one year ago.
- The turnover in civil engineering was growing despite the decrease in turnover of total construction.
Turnover in construction industries developed in two directions
In August 2024, working day adjusted turnover in construction of buildings fell by 6.6 per cent and sales volume by 3.5 per cent compared to one year ago. In turn, working day adjusted turnover in civil engineering increased by 7.4 per cent and sales volume by 8.8 per cent from the previous year. Turnover in specialised construction activities decreased by 3.7 per cent and sales volume went down by 0.6 per cent from one year ago.
Seasonally adjusted turnover in construction decreased compared to July
Seasonally adjusted turnover in construction decreased by 0.9 per cent in August 2024 compared to July. Seasonally adjusted sales volume decreased by 1.1 per cent from July.
Tables
Annual change in working day adjusted turnover and sales volume in sectors of construction, % (TOL 2008)
Data revisions
Revisions to annual changes in working day adjusted turnover in sectors of construction
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