Home > Statistics > Index of turnover of construction > 2008 > April > Turnover of construction enterprises grew by 20.4 per cent in the February to April period

Published: 16 July 2008

Turnover of construction enterprises grew by 20.4 per cent in the February to April period

The turnover of construction enterprises grew by 20.4 per cent in the February to April period of 2007 when compared with the corresponding three-month period of the year before. In April 2008, construction enterprises' turnover grew by 28.9 per cent from the previous April. These data derive from the preliminary index of turnover of construction compiled by Statistics Finland.

In the February to April period the turnover of building construction enterprises grew by 19.6 per cent and that of civil engineering construction enterprises by 23.5 per cent from the corresponding period of the year before.

The sales volume of construction enterprises grew by 12.8 per cent in the February to April period when compared with the corresponding period of the year before. The sales volume of building construction enterprises in the corresponding period grew by 12.5 per cent and that of civil engineering construction enterprises by 14.6 per cent. In April 2008 the sales volume of construction enterprises grew by 21.5 per cent from April 2007. The sales volume of building construction enterprises grew by 22.8 per cent in April and that of civil engineering construction enterprises grew by 15.7 per cent when compared with April 2007.

The volume index of enterprises' sales is calculated by removing the effect of price changes from the turnover index series. Building costs rose by 4.3 per cent from April 2007 to April 2008.

Trends in turnover of construction enterprises

As of the data released at the beginning of May 2008, monthly trend indicators will have been calculated with a revised method. The revision affects both the calculation method and the calculation system of the indicators. Data concerning the latest six months may change slightly because of the revised calculation method.

The main revisions to the calculation methods of the trend indicators concern the treatment of missing observations from the accumulation period, enterprise openings and closures, and foreign-owned enterprises. Further information on the methodological revision is available from Mr Antti Santaharju, tel.+358 9 1734 2720.

Source: Manufacturing and construction, Index of turnover of construction 2000=100. Statistics Finland

Inquiries: Ms Soile Rönkkö +358 9 1734 2232, rakennus.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

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Last updated 16.7.2008