Home > Statistics > Turnover of service industries > 2014 > July > Turnover in service industries grew by 2.8 per cent year-on-year in May to July

Published: 14 October 2014

Turnover in service industries grew by 2.8 per cent year-on-year in May to July

According to Statistics Finland, turnover in service industries grew by 2.8 per cent in the second quarter from the corresponding time period of the year before. One year previously, turnover grew by 0.8 per cent in the same period. Services are here examined exclusive of trade.

Three months' year-on-year change in turnover in services  (TOL 2008)

During the review period, turnover in service industries grew fastest in the main industry of information and communication, where growth compared to the previous year amounted to 8.4 per cent. Within information and communication activities, the turnover development in different sub-industries becomes differentiated. Computer programming, consultancy and related activities grew heavily (19.4%) in May to July, while publishing activities declined (3.9%) year-on-year.

Among main service industries, growth was also fast in real estate activities, where turnover increased by 4.5 per cent from May to July 2013. The industry of arts, entertainment and recreation grew by four per cent, and administrative and support service activities increased by almost as much, 3.7 per cent from May to July in the previous year.

The development of turnover was still weakest in transportation and storage enterprises, where the decline from the corresponding period in 2013 amounted to 1.1 per cent. The turnover of other service activities remained almost on level with the year before and decreased by 0.1 per cent from the corresponding period in 2013. Accommodation and food service activities also grew only marginally: 0.3 per cent from May to July 2013.

Source: Turnover of service industries, Statistics Finland

Inquiries: Anna Muurainen 029 551 2670, Aki Niskanen 029 551 2657, palvelut.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Appendix tables

• Appendix table 1. Year-on-year change in turnover by industry, % (TOL 2008) (14.10.2014)

Figures

• Appendix figure 1. Turnover of service industries, trend series  (TOL 2008) (14.10.2014)

Revisions in these statistics

• Revisions in these statistics (14.10.2014)

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Updated 14.10.2014