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Published: 15 December 2009

Turnover in service industries fell by 8.8 per cent in July to September

Total turnover generated by service industries fell by 8.8 per cent in the July to September period of 2009 when compared with the respective quarter of the year before. During the previous three-month period that ended in August, turnover in service industries diminished by 7.9 from one year back. Towards the end of the examination period turnover was growing in real estate activities and arts, entertainment, recreation and other service activities. Services are here examined exclusive of trade and the data have been adjusted for working days by eliminating effects of calendar variations from them.

Turnover in transport and storage fell by 18.1 per cent year-on-year in the July to September period. In the examined period turnover also fell in accommodation and food service activities by 3.9 per cent, in information and communication activities by 4.9 per cent, in professional, scientific and technical activities by 10.4 per cent, and in administrative and support service activities by 4.6 per cent when compared with the respective period of the year before. Among the service industries turnover grew most in real estate activities, where it was 4.7 per higher in the examined period than in the corresponding period of the previous year. Turnover in arts, entertainment and recreation grew in the July to September period by 3.8 per cent from the year before. In the examined period, turnover in other service activities stayed level with the third quarter of the previous year.

Year-on-year change in turnover of services, three-month averages adjusted for working days and year-on-year change in latest month, % (TOL 2008)

  Year-on-year change by three-month period %1) Year-on-year
change
in latest month
%
10-12/2008 1-3/2009 4-6/2009 7-9/2009 9/2009
Services, total (excl. trade) 3.9 -3.8 -8.2 -8.8 -10.5
Transportation and storage 1.3 -12.5 -17.8 -18.1 -18.3
- Accommodation and food service activities 4.7 -2.9 -4.0 -3.9 -5.9
Information and communication 4.2 -1.7 -4.7 -4.9 -8.0
Real estate activities 6.4 5.9 4.0 4.7 3.2
Professional, scientific and technical activities 6.7 -3.3 -8.9 -10.4 -13.7
Administrative and support service activities 5.6 -2.4 -4.3 -4.6 -7.4
Arts, entertainment and recreation 8.7 4.2 3.0 3.8 2.6
Other service activities 5.7 0.6 1.7 0.1 0.8
1) Year-on-year change by three-month period compares the value for a period of three statistical
reference months to the value for the corresponding three--month period of the previous year.

Seasonal adjustment models have been revised

The seasonal adjustment models used have been revised in connection with the calculation of the indices of turnover for September. The revisions influence the seasonally adjusted and trend series, but not the original and working-day adjusted time series. The change percentages calculated from the original series have thus become only slightly revised, and this is due to new data having become available. For more detailed information about the revised treatment of seasonal adjustment, see http://tilastokeskus.fi/ajk/tiedotteet/2009/tiedote_019_2009-12-08_en.html.

Source: Turnover of service industries 2009, September. Statistics Finland

Inquiries: Katja Äijö +358 9 1734 2659, palvelut.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Last updated 15.12.2009

Referencing instructions:

Official Statistics of Finland (OSF): Palvelualojen liikevaihtokuvaaja [e-publication].
ISSN=1799-0971. syyskuu 2009. Helsinki: Tilastokeskus [referred: 28.3.2024].
Access method: http://www.stat.fi/til/plv/2009/09/plv_2009_09_2009-12-15_tie_001_en.html