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Published: 15 January 2009

Turnover in service industries went up by 8,7 per cent in the August to October period

Service industries generated 8,7 per cent more turnover in the August to October 2008 period than in the respective time period of the year before. In the previous three-month period that ended in July their turnover increased by 7,8 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 11,6 per cent on the corresponding time period of the previous year. In hotel and restaurant activities, turnover increased by 6,2 per cent in the latest three-month period. The growth of turnover in transport, storage and communication activities amounted to 6,3 per cent in the August to October 2008 period. In other community, social and personal services activities turnover went up by 9,0 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 %
11/2007-1/2008 2-4/2008 5-7/2008 8-10/2008
Services, total (excl. trade) 8,5 9,5 7,8 8,7
- Hotels and restaurants 6,2 8,2 5,8 6,2
- Transport, storage and communication 5,2 7,4 5,6 6,3
- Real estate, renting and business activities 12,0 12,3 10,5 11,6
- Other community, social and personal service activities 9,3 10,1 10,4 9,0
*) 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.

A revised standard industrial classification, TOL 2008, and base year 2005=100 will be introduced in these statistics starting from data concerning January 2009. A news item about the adoption of TOL 2008 in statistics on turnover in service industries is posted on the home page of the statistics.

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

Inquiries: Ms Katja Äijö +358 9 1734 2659, palvelut.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

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Last updated 15.1.2009

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of service industries [e-publication].
ISSN=1799-0998. October 2008. Helsinki: Statistics Finland [referred: 24.11.2024].
Access method: http://www.stat.fi/til/plv/2008/10/plv_2008_10_2009-01-15_tie_001_en.html