Official Statistics of Finland

Turnover of service industries

Producer: Statistics Finland

Latest release:
Turnover and output in services fell in March
12 May 2021
According to Statistics Finland, working day adjusted turnover in service industries fell by 3.8 per cent in March 2021 from March 2020. Service output or volume, from which the impact of prices has been eliminated, fell by 5.3 per cent over the same period. In this years February, turnover went down by 8.1 per cent, while volume contracted correspondingly by 7.3 per cent. Services are here examined exclusive of trade.

Description: The index of turnover of service industries describes development in the turnover of service branch enterprises (excluding trade). Turnover for the largest enterprises in their respective industries is described with the data collected with the sales inquiry while the data on sales obtained from the Tax Administration's self-assessed tax data are exploited to describe the turnover of other enterprises. Turnover is exclusive of value added tax. In addition, a volume index is produced on service industries, from which the impact of prices has been eliminated.
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Keywords: business cycles, economic fluctuation, indices, industries, producer price index for services, producer prices, services, turnover, volume index.
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Change: Industries of enterprises have been revised in the data released in February
15 Feb 2021
Starting from statistical release published in February 2021 the latest industries defined by the Business Register have been taken into use in the turnover and wage and salary indices.

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of service industries [e-publication].
ISSN=1799-0998. Helsinki: Statistics Finland [referred: 15.5.2021].
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