Published: 13 September 2017

Turnover of construction enterprises grew by 5.9 per cent year-on-year in April to June

According to Statistics Finland, the turnover of construction enterprises grew by 5.9 per cent in the second quarter of 2017. In the corresponding period one year earlier the growth amounted to 11.7 per cent. The sales volume of construction grew by 2.3 per cent in April to June.

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

Three months' year-on-year change in turnover of construction (TOL 2008)
Among construction industries, the growth was strongest in building construction, where 9.9 per cent more turnover was accumulated than one year earlier. The turnover of specialised construction activities went up by 4.2 per cent. The turnover of civil engineering fell by 1.5 per cent.

The sales volume of construction enterprises grew in the second quarter in building construction by 6.5 per cent and in specialised construction activities by 1.0 per cent. The sales volume of civil engineering went down by 3.8 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, June, 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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Tables

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Appendix tables

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Revisions in these statistics

Updated 13.9.2017

Referencing instructions:

Statistics: Index of turnover of construction [e-publication].
ISSN=1798-5935. June 2017. Helsinki: Statistics Finland [referred: 20.9.2017].
Access method: http://www.stat.fi/til/rlv/2017/06/rlv_2017_06_2017-09-13_tie_001_en.html

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