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Published: 30 July 2014

Cubic volume covered by granted building permits declined by 14 per cent in May

According to the preliminary data of Statistics Finland's statistics on building and dwelling production, in May 2014 building permits were granted for a total of 3.1 million cubic metres, which is 14.2 per cent less than one year ago.

Building permits granted and building starts, mil. m3, variable annual sum

Building permits granted and building starts, mil. m3, variable annual sum
In the release the data indicated with an asterisk (*) are preliminary data.

The cubic volume covered by building permits granted for residential buildings went down by 11 per cent in May. The cubic volume covered by permits granted for other than residential buildings was 15.6 per cent lower than in May 2013.

Volume of newbuilding decreased by four per cent in May

In May 2014, the constant-price value or the volume of ongoing building production decreased by 4.4 per cent year-on-year.

Volume of residential building decreased by 12.6 per cent in May. The volume of other than residential building construction went up by 3.3 per cent from one year ago.

Volume index for newbuilding 2005=100, trend

Volume index for newbuilding 2005=100, trend

Source: Building and dwelling production, Statistics Finland

Inquiries: Merja Järvinen 029 551 2458, Heli Suonio 029 551 2481, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

Publication in pdf-format (306.0 kB)

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Updated 30.7.2014

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. May 2014. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/ras/2014/05/ras_2014_05_2014-07-30_tie_001_en.html