Home > Statistics > Turnover of service industries > 2008 > May > Turnover in service industries went up by 9.8 per cent in the March to May period

Published: 15 August 2008

Turnover in service industries went up by 9.8 per cent in the March to May period

Service industries generated 9.8 per cent more turnover in the March to May 2008 period than in the respective time period of the year before. In the previous three-month period that ended in February their turnover increased by 9.7 per cent. Services are here examined exclusive of trade and the data on turnover have been adjusted for working days by eliminating effects of calendar variations from them.

Among the main service industries, turnover grew fastest in real estate, renting and business activities where it was up by 13.6 per cent on the corresponding time period of the previous year. In hotel and restaurant activities, turnover increased by 6.8 per cent in the latest three-month period. The growth of turnover in transport, storage and communication activities amounted to 6.1 per cent in the March to May 2008 period. In other community, social and personal services activities turnover went up by 9.4 per cent.

Year-on-year change in turnover of services, three-month averages adjusted for working days, %

	Year-on-year changes by three-month period %
	6-8/2007	9-11/2007	12/2007-2/2008	3-5/2008
Services, total (excl. trade)	8.9	8.6	9.7	9.8
- Hotels and restaurants	6.5	6.4	8.1	6.8
- Transport, storage and communication	6.3	6.1	7.0	6.1
- Real estate, renting and business activities	13.1	11.8	13.2	13.6
- Other community, social and personal service activities	8.2	8.1	11.2	9.4
*) Year-on-year change by three-month period compares the value for a period of three statistical reference months to the value for the corresponding three-month period of the previous year.

Source: Turnover of service industries 2008, May. Statistics Finland

Inquiries: Mr Aki Niskanen +358 9 1734 2657, palvelut.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

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Last updated 15.8.2008