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Published: 15 March 2010

Turnover in service industries fell by 7.3 per cent in October to December

Total turnover generated by service industries contracted by 7.3 per cent in the fourth quarter of 2009 when compared with the respective period one year previously. In the third quarter ending in September turnover in service industries fell by 9.3 per cent from the previous year. Towards the end of the review period turnover was growing in arts, entertainment, recreation and other service activities. 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 still fell the most, being 13.3 per cent lower in the review period than one year earlier. Turnover in professional, scientific and technical activities was 9.8 per cent lower than in the same period of the previous year. In October to December, turnover in art, entertainment and recreation grew by 5.8 per cent.

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 %1 Year-on-year
change
in latest month %
1-3/2009 4-6/2009 7-9/2009 10-12/2009 12/2009
Services, total (excl. trade) -3.8 -8.2 -9.3 -7.3 -6.4
Transportation and storage -12.5 -17.8 -18.4 -13.3 -9.6
Accommodation and food service activities -2.8 -4.2 -4.4 -4.9 -2.3
Information and communication -1.7 -4.7 -5.4 -5.1 -6.3
Real estate activities 5.9 3.6 2.9 2.2 -2.0
Professional, scientific and technical activities -3.3 -9.0 -11.1 -9.8 -7.7
Administrative and support service activities -2.4 -4.3 -5.4 -5.2 -2.5
Arts, entertainment and recreation 4.2 3.0 3.5 5.8 4.3
Other service activities 0.6 1.7 -0.7 2.3 5.0
1) 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, December. Statistics Finland

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

Director in charge: Hannele Orjala

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Last updated 15.3.2010

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of service industries [e-publication].
ISSN=1799-0998. December 2009. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/plv/2009/12/plv_2009_12_2010-03-15_tie_001_en.html