Home > Statistics > Turnover of service industries > 2017 > May > Turnover in service industries increased by 6.6 per cent year-on-year in March to May

Published: 15 August 2017

Turnover in service industries increased by 6.6 per cent year-on-year in March to May

According to Statistics Finland, the turnover in service industries grew by 6.6 per cent in March to May from the corresponding time period of the year before. Professional, scientific and technical activities (+9.0%) and administrative and support services activities (+7.1%) attained strong growth. The largest ones of service industries, information and communications (+6.9%) and transportation and storage (6.2%) still grew more strongly than one year back. Services are here examined exclusive of trade.

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

Among the sub-industries of professional, scientific and technical activities, growth was still most rapid for other professional, scientific and technical activities (+18.2 %). Architectural and engineering activities and technical testing also reached a sound growth of 10.4 per cent.

The 7.1 per cent growth in administrative and support service activities was more moderate than in the corresponding period of one year back. In that period, growth had reached 9.3 per cent. The industry was particularly boosted by employment activities (+12.9%). Among the sub-industries, renting and leasing activities grew by 9.7 per cent from the corresponding period of one year ago.

Other service activities developed weakest among the main industries, growing by just 1.9 per cent. Growth in the industry was still held back by the repair of computers and personal and household goods (-1.7%).

Changes in the Tax Administration's self-assessed tax data have not so far had an effect on the data of turnover indices

The effects of the changes in the Tax Administration's self-assessed tax data have been analysed in Statistics Finland’s turnover indices. Based on the analyses, no significant changes for statistics production were observed in the value added tax reporting of enterprises. More about this under Changes in the periodic tax return data used in turnover indices.

Source: Turnover of service industries, Statistics Finland

Inquiries: Aki Niskanen 029 551 2657, Katja Liukkonen 029 551 3515, palvelut.suhdanne@stat.fi

Director in charge: Sami Saarikivi

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Appendix tables

• Appendix table 1. Year-on-year change in turnover by industry, % (TOL 2008) (15.8.2017)

Figures

• Appendix figure 1. Turnover of service industries, trend series  (TOL 2008) (15.8.2017)
• Appendix figure 2. Turnover of service industries, trend series  (TOL 2008) (15.8.2017)

Revisions in these statistics

• Revisions in these statistics (15.8.2017)

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Updated 15.8.2017