Turnover of construction enterprises grew by nearly 13 per cent in November to January

According to Statistics Finland, turnover of construction enterprises grew by 12.7 per cent in the November to January period. In the corresponding period one year earlier, the growth amounted to 8.3 per cent. In November to January, the sales volume of construction grew by 9.8 per cent.

Three months' year-on-year change in turnover of construction (TOL 2008)

Turnover continued to grow in all construction industries. The growth was strongest in building construction, where 17.4 per cent more turnover was accumulated than one year earlier. The turnover of specialised construction activities increased by 12.0 per cent and that of civil engineering by 0.5 per cent.

The sales volume of construction enterprises grew by 14.5 per cent in building construction and by 9.2 per cent in specialised construction in November to January. The sales volume of civil engineering went down by 0.8 per cent.

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

Changes in the Tax Administration’s self-assessed tax data do not have an effect on the data of turnover indices for January 2017

The effects of the changes in the Tax Administration's self-assessed tax data have been analysed in Statistics Finland’s turnover indices. Based on the analyses, no significant changes for statistics production were observed in the value added tax reporting of enterprises. More about this under Changes in these statistics .

Source: Index of turnover of construction 2017, January, Statistics Finland

Inquiries: Maija Sappinen 029 551 3348, Heli Suonio 029 551 2481, rakennus.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

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Appendix tables

Appendix table 1. Development of value and volume of construction, % (TOL 2008) (13.4.2017)

Figures

Appendix figure 1. Trends in turnover of construction by industry (TOL 2008) (13.4.2017)

Revisions in these statistics

Revisions in these statistics (13.4.2017)

Updated 13.4.2017

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover of construction [e-publication].
ISSN=1798-5935. January 2017. Helsinki: Statistics Finland [referred: 21.11.2024].
Access method: http://www.stat.fi/til/rlv/2017/01/rlv_2017_01_2017-04-13_tie_001_en.html