Home > Statistics > Turnover of service industries > 2018 > August > Turnover in service industries increased by 5.5 per cent year-on-year in June to August

Published: 14 November 2018

Turnover in service industries increased by 5.5 per cent year-on-year in June to August

According to Statistics Finland, turnover in service industries grew by 5.5 per cent in June to August from the corresponding time period of the year before. The growth continued in all service industries. Administrative and support services activities (+7.7%) and professional, scientific and technical activities (+6.6%) developed most rapidly. Also real estate activities (+6.0%) rose more strongly than total services. Services are here examined exclusive of trade.

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

The industry of administrative and support service activities was boosted most by employment activities (+11.5%). Of the sub-industries, travel agency and tour operator activities (+8.9%) and rental and leasing activities (+8.8%) grew at almost the same pace. The growth in turnover of security and investigation activities was clearly more moderate (+3.3%).

Professional, scientific and technical activities was boosted most by scientific research and development (+14.1%) while the development of turnover in the other sub-industries was clearly weaker.

The biggest service industry, transportation and storage activities, increased by 4.9 per cent from the corresponding period one year back. Of its sub-industries, land and rail transport rose by 5.8 per cent and warehousing and support activities for transportation by 3.8 per cent. Water transport reached a growth of 0.3 per cent.

The main industry of other service activities developed slowly. Of its sub-industries, turnover in repair of computers and personal and household goods fell by 2.0 per cent.

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: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Year-on-year change in turnover by industry, % (TOL 2008) (14.11.2018)

Figures

• Appendix figure 1. Turnover of service industries, trend series  (TOL 2008) (14.11.2018)
• Appendix figure 2. Turnover of service industries, trend series  (TOL 2008) (14.11.2018)

Revisions in these statistics

• Revisions in these statistics (14.11.2018)

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Updated 14.11.2018