Home > Statistics > Index of turnover of construction > 2017 > August > Turnover of construction enterprises grew by 8.3 per cent in the June to August period

Published: 13 November 2017

Turnover of construction enterprises grew by 8.3 per cent in the June to August period

According to Statistics Finland, the turnover of construction enterprises increased by 8.3 per cent in the June to August period. In the corresponding period one year earlier the growth amounted to 8.1 per cent. The sales volume of construction grew by 4.9 per cent in June to August.

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

All construction industries grew from the corresponding period last year. Development was strongest in construction of buildings, where growth amounted 11.4 per cent. The turnover of specialised construction activities increased by 8.3 per cent and that of civil engineering by 0.6 per cent.

The sales volume of construction enterprises grew by 7.8 per cent in construction of buildings and by 4.7 in specialised construction activities in June to August. The sales volume of civil engineering decreased by 1.1 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, August, 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) (13.11.2017)

Figures

• Appendix figure 1. Trends in turnover of construction by industry (TOL 2008) (13.11.2017)

Revisions in these statistics

• Revisions in these statistics (13.11.2017)

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Updated 13.11.2017