Home > Statistics > Index of turnover of construction > 2012 > December > Turnover of construction enterprises grew by 0.7 per cent year-on-year in the last quarter of 2012

Published: 13 March 2013

Turnover of construction enterprises grew by 0.7 per cent year-on-year in the last quarter of 2012

The turnover of construction enterprises grew by 0.7 per cent in the fourth quarter of 2012 when compared with the respective period one year previously. The turnover of specialised construction activities went up by 1.7 per cent from October to December. In contrast, the turnover of building construction and civil engineering went down by 0.2 per cent.

Year-on-year change in turnover in the 10/2012 – 12/2012 and 10/2011 – 12/2011 time periods, % (TOL 2008)

The sales volume of construction enterprises decreased by 3.5 per cent year-on-year in the fourth quarter of 2012. The sales volume contracted in all sub-industries of construction from October to December 2012. The decrease was largest in the sales volume of building construction, which went down by 4.4 per cent. The sales volume of specialised construction activities declined by 2.5 per cent and that of civil engineering by 3.6 per cent.

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

When examining the whole 2012, the development of the turnover of construction enterprises weakened considerably. In the early part of the year, the turnover still increased at the rate of over ten per cent, but towards the end of the year, the rate had slowed down to under one per cent. The turnover grew by 3.9 per cent, on average, over the past year. In turn, the sales volume started to fall already in the early part of 2012, and the volume for the whole year was 2.2 per cent lower than in the year before.

The indices of turnover will adopt base year 2010=100 from the January 2013 data. Data using the new base year will be published for the first time on 15 April 2013.

Source: Index of turnover of construction 2012, December, Statistics Finland

Inquiries: Ulla Virtanen 09 1734 3347, 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) (13.3.2013)

Figures

• Appendix figure 1. Trends in turnover of construction by industry (TOL 2008) (13.3.2013)

Revisions in these statistics

• Revisions in these statistics (13.3.2013)

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Updated 13.3.2013