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Published: 13 February 2018

Turnover in service industries increased by 6.8 per cent year-on-year in September to November

According to Statistics Finland, turnover in service industries grew by 6.8 per cent in September to November from the corresponding period of the year before. Among the industries, strongest growth was recorded in administrative and support service activities (+12.2%) and in the biggest of service industries, transportation and storage (+8.0%). Professional, scientific and technical activities and accommodation and food service activities also reached a good growth compared to one year ago. Services are here examined exclusive of trade.

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

Administrative and support service activities were boosted most by renting and leasing activities (+23.5%). Employment activities (+19.9%) and travel agency, tour operator and other reservation service (+12.2%) also generated growth for the industry.

Of the sub-industries of transportation and storage, land transport increased by 6.1 per cent year-on-year. Warehousing and support activities for transportation reached a growth of 9.6 per cent.

The industry of professional, scientific and technical activities increased by 7.4 per cent. The industry was boosted by the sub-industry other professional, scientific and technical activities (+11.6%). Legal and accounting activities (+10.3%) and advertising and market research (+8.5%) were also growing steadily. In turn, research and development slowed down the development by its drop of 2.1 per cent.

Accommodation boosted the industry of accommodation and food service activities with a growth of nine per cent. Food and beverage service activities also reached a good rise of five per cent.

Turnover in service industries will adopt base year 2015=100 from the January 2018 data. Data using the new base year will be published for the first time in April 2018.

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) (13.2.2018)

Figures

• Appendix figure 1. Turnover of service industries, trend series  (TOL 2008) (13.2.2018)
• Appendix figure 2. Turnover of service industries, trend series  (TOL 2008) (13.2.2018)

Revisions in these statistics

• Revisions in these statistics (13.2.2018)

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Updated 13.2.2018