Home > Statistics > Index of turnover of construction > 2011 > May > Turnover of construction enterprises grew by good 14 per cent in the March to May period

Published: 12 August 2011

Turnover of construction enterprises grew by good 14 per cent in the March to May period

The turnover of construction enterprises grew by 14.5 per cent in the March to May period when compared with the corresponding three-month period of the year before. In the latest examination period, the turnover of building construction went up by 20.7 per cent and that of specialised construction by 11.7 per cent. The turnover of civil engineering increased by 2.9 per cent in the March to May period from one year back.

Year-on-year change in turnover in the 3/2011–5/2011 and 3/2010–5/2010 time periods, % (TOL 2008)

The sales volume of construction enterprises grew by 15.1 per cent year-on-year in the March to May period. In the corresponding period, the sales volume of building construction enterprises increased by 21.2 per cent. Specialised construction went up by 12.2 per cent. The sales volume of civil engineering in turn fell by 2.4 per cent in the March to May period.

The volume index of enterprises’ sales is calculated by removing the effect of price changes from the turnover index series.

Reversed liability for value added tax in construction services was introduced in April 2011. The revision causes changes to the periodic tax return data used as data sources for these statistics starting from the data for April 2011. Statistics Finland will assess during autumn whether the tax reform requires any change measures in statistics production.

Source: Index of turnover of construction 2011, May, Statistics Finland

Inquiries: Heli Suonio (09) 1734 2481, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Appendix tables

• Appendix table 1. Year-on-year change in turnover by industry, % (TOL 2008) (12.8.2011)

Figures

• Appendix figure 1. Turnover of construction (TOL 2008) (12.8.2011)

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Updated 12.8.2011