Home > Statistics > Index of turnover of construction > 2017 > July > Turnover in construction enterprises grew by 8.2 per cent in the May to July

Published: 13 October 2017

Turnover in construction enterprises grew by 8.2 per cent in the May to July

According to Statistics Finland, the turnover of construction enterprises grew by 8.2 per cent in the May to July period. In the corresponding period one year earlier the growth was almost the same, 8.1 per cent. The sales volume of construction grew by 4.7 per cent in May to July.

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

Among construction industries, most growth was recorded in building construction, where 13.0 per cent more turnover was accumulated than one year earlier. The turnover of specialised construction activities went up by 7.5 per cent. The turnover of civil engineering fell by 2.2 per cent.

The sales volume of construction enterprises grew in May to July in building construction by 9.5 per cent and in specialised construction activities by 4.1 per cent. The sales volume of civil engineering went down by 4.0 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, July, Statistics Finland

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

Director in charge: Sami Saarikivi

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Appendix tables

• Appendix table 1. Development of value and volume of construction, % (TOL 2008) (13.10.2017)

Figures

• Appendix figure 1. Trends in turnover of construction by industry (TOL 2008) (13.10.2017)

Revisions in these statistics

• Revisions in these statistics (13.10.2017)

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Updated 13.10.2017