Turnover in construction enterprises grew by 7.8 per cent in July to September

According to Statistics Finland, the turnover of construction enterprises grew by 7.8 per cent in the third quarter of 2017. In the corresponding period one year earlier, the growth amounted to 8.4 per cent. The sales volume of construction grew by 4.2 per cent in July to September.

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

Among construction industries, the growth was still strongest in building construction, where 13.2 per cent more turnover was accumulated than one year earlier. The turnover of specialised construction activities went up by 6.5 per cent. In turn, the turnover of civil engineering fell by 1.8 per cent.

The sales volume of construction enterprises grew in the third quarter in building construction by 9.4 per cent and in specialised construction activities by 3.0 per cent. The sales volume of civil engineering went down 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.

Index of turnover of construction will adopt base year 2015=100 from the January 2018 data. Data using the new base year will be published for the first time in April 2018.

Source: Index of turnover of construction 2017, September, 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) (13.12.2017)

Figures

Appendix figure 1. Trends in turnover of construction by industry (TOL 2008) (13.12.2017)

Revisions in these statistics

Revisions in these statistics (13.12.2017)

Updated 13.12.2017

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover of construction [e-publication].
ISSN=1798-5935. September 2017. Helsinki: Statistics Finland [referred: 6.11.2024].
Access method: http://www.stat.fi/til/rlv/2017/09/rlv_2017_09_2017-12-13_tie_001_en.html