Turnover in service industries fell by 4.0 per cent in January to March

Total turnover generated by service industries fell by 4.0 per cent in the first quarter of 2009 when compared with the respective period one year previously. Turnover started declining already in the previous three-month period ending in February, when the fall in turnover was 0,9 per cent from the year before. At the end of the examination period, turnover was falling in the industries of transportation and storage, accommodation and food service activities as well as administrative and support services. 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 11.7 per cent year-on-year in the examined period. In January-March turnover fell by 0,8 per cent in accommodation and food service activities, by 1.6 per cent in professional, scientific and technical activities and by 1.6 per cent in administrative and support service activities when compared with the respective period of the year before. Among the service industries turnover increased most in real estate activities, where turnover in January-March was 5.8 per cent up from the year before. Turnover in arts, entertainment and recreation grew in the examination period by 4.6 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 %
	4-6/2008	7-9/2008	10-12/2008	1-3/2009	3/2009
Services, total (excl. trade)	8.4	8.0	4.6	-4.0	-2.3
Transportation and storage	9.2	8.8	1.9	-11.7	-11.6
- Accommodation and food service activities	6.5	5.3	4.1	-0.8	-0.2
Information and communication	5.8	4.6	4.4	0.3	4.4
Real estate activities	8.4	7.1	6.5	5.8	3.8
Professional, scientific and technical activities	9.9	7.1	6.8	-1.6	0.8
Administrative and support service activities	14.4	12.9	5.7	-1.6	-1.9
Arts, entertainment and recreation	9.5	5.1	8.5	4.6	5.4
Other service activities	8.9	7.5	5.6	1.2	4.6
*) 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 2009, March. 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 15.6.2009

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of service industries [e-publication].
ISSN=1799-0998. March 2009. Helsinki: Statistics Finland [referred: 19.11.2024].
Access method: http://www.stat.fi/til/plv/2009/03/plv_2009_03_2009-06-15_tie_001_en.html