Home > Statistics > Index of turnover of construction > 2017 > May > Turnover of construction enterprises grew by 8.7 per cent in March to May

Published: 14 August 2017

Turnover of construction enterprises grew by 8.7 per cent in March to May

According to Statistics Finland, turnover of construction enterprises grew by 8.7 per cent in March to May 2017. In the corresponding period one year earlier, turnover grew by 10.1 per cent. The sales volume of construction grew by 5.0 per cent in March to May from one year before.

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

All construction industries increased from the corresponding period of the year before. The growth was strongest in building construction, where 12.8 per cent more turnover was accumulated than one year earlier. The turnover of specialised construction activities increased by 5.9 per cent and that of civil engineering by 4.0 per cent.

The sales volume of construction enterprises grew in March to May in building construction by 9.4 per cent and in specialised construction activities by 2.7 per cent. The sales volume of civil engineering grew by 0.9 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 have not so far had an effect on the data of turnover indices

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, the changes have thus far not been found to have significant effects on enterprises’ VAT reporting in terms of statistics production. More information about this in Changes in the periodic tax return data used in turnover indices .

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

Inquiries: Liina Arhosalo 029 551 3612, Heli Suonio 029 551 2481, rakennus.suhdanne@stat.fi

Director in charge: Sami Saarikivi

Publication in pdf-format (249.4 kB)

Tables

Tables in databases

Pick the data you need into tables, view the data as graphs, or download the data for your use.

• Database tables and their variables
• Archived tables

Appendix tables

• Appendix table 1. Development of value and volume of construction, % (TOL 2008) (14.8.2017)

Figures

• Appendix figure 1. Trends in turnover of construction by industry (TOL 2008) (14.8.2017)

Revisions in these statistics

• Revisions in these statistics (14.8.2017)

---

Updated 14.8.2017