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Published: 12 November 2008

Turnover of construction enterprises grew by 16,1 per cent in the June to August period

The turnover of construction enterprises grew by 16.1 per cent in the June to August period of 2008 when compared with the corresponding three-month period of the year before. In August 2008, construction enterprises' turnover grew by 19.2 per cent from the previous August. These data derive from the preliminary index of turnover of construction compiled by Statistics Finland.

In the June to August period the turnover of building construction enterprises grew by 16.8 per cent and that of civil engineering construction enterprises by 14.3 per cent from the corresponding period of the year before.

The sales volume of construction enterprises grew by 10.1 per cent in the June to August period when compared with the corresponding period of the year before. The sales volume of building construction enterprises in the corresponding period grew by 11.7 per cent and that of civil engineering construction enterprises by 4.5 per cent. In August 2008 the sales volume of construction enterprises grew by 14.0 per cent from August 2007. The sales volume of building construction enterprises grew by 18.3 per cent in August and that of civil engineering construction enterprises decreased by 0.7 per cent when compared with August 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 4.2 per cent from August 2007 to August 2008.

Trends in turnover of construction enterprises

Starting from data concerning January 2009, the revised TOL 2008 standard classification of industries and base year 2005=100 will be introduced in these statistics. A news item about the adoption of TOL 2008 in statistics describing turnover in construction is posted on the home page of the statistics.

Source: Index of turnover of construction, August 2008. Statistics Finland

Inquiries: Mr Kaj Isaksson +358 9 1734 3633, Ms Merja Järvinen +358 9 1734 2458, rakennus.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

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Last updated 12.11.2008

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover of construction [e-publication].
ISSN=1798-5935. August 2008. Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/rlv/2008/08/rlv_2008_08_2008-11-12_tie_001_en.html