Home > Statistics > Turnover of service industries > 2009 > February > Turnover in service industries fell by 0.9 per cent in December to February

Published: 15 May 2009

Turnover in service industries fell by 0.9 per cent in December to February

Total turnover generated by service industries turned to a decline in the period December 2008 to February 2009 and was 0.9 per cent lower than in the respective period one year previously. In the previous three-month period that ended in November turnover increased by 6,5 per cent. At the end of the examination period turnover was declining in all the examined service industries, real estate activities and other service activities excluded. Services are here examined exclusive of trade and the data have been adjusted for working days by eliminating effects of calendar variations from them.

Turnover in transport and storage declined by 7.7 per cent year-on-year in the examined period. Turnover in accommodation and food services grew by 0.2 per cent and that in information and communication by 1.3 per cent when compared with the respective period in the year before. In professional, scientific and technical activities turnover was 1.0 per cent lower in December-February than in the respective period of the previous year. Turnover in administrative and support service activities grew by 1.4 per cent year-on-year in December-February. Turnover grew fastest in real estate activities, where it was 8.3 per cent higher in the examined period than in the respective period of the previous year. In December to February, turnover in arts, entertainment and recreation grew by 4.9 per cent and in other services by 3.1 per cent from the year before.

Year-on-year change in turnover of services, three-month averages adjusted for working days and year-on-year change in latest month, % (TOL 2008)

	Year-on-year change by three-month period % *				Year-on-year change in latest month %
	3-5/2008	6-8/2008	9-11/2008	12/2008-2/2009	2/2009
Services, total (excl. trade)	7,6	6,9	6,5	-0,9	-5,4
- Transportation and storage	8,2	9,1	4,9	-7,7	-12,0
- Accommodation and food service activities	5,3	4,9	5,6	0,2	-2,0
-Information and communication	3,0	3,3	5,7	1,3	-2,5
- Real estate activities	9,5	7,5	5,9	8,3	6,4
- Professional, scientific and technical activities	11,0	6,9	10,0	-1,0	-1,1
- Administrative and support service activities	14,4	12,6	8,4	1,4	-2,7
- Arts, entertainment and recreation	7,2	7,8	9,0	4,9	-0,1
- Other service activities.	5,7	6,8	6,8	3,1	0,3
*) 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.

The standard classification of industries TOL 2008 and base year 2005=100 were introduced in these statistics starting from data concerning January 2009. Further information about the TOL 2008 classification is available in the TOL 2008 section on Statistics Finland's website. Further information on the adoption of TOL 2008 in statistics on turnover in service industries is available under the section Revisions in these Statistics on the home page of the statistics.

Source: Turnover of service industries 2009, February. 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 15.5.2009