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Published: 13 June 2017

Turnover of construction enterprises grew by 17.6 per cent in the January to March

According to Statistics Finland, the turnover of construction enterprises increased by 17.6 per cent in January to March period. In the corresponding period one year earlier the growth amounted to 5.6 per cent. The sales volume of construction grew by 13.8 per cent in January to March.

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

Three months' year-on-year change in turnover of construction (TOL 2008)
All constraction industries grew from the corresponding period last year. Development was strongest in construction of buildings, where growth amounted 22.4 per cent. The turnover of specialised construction activities increased by 15.0 per cent and that of civil engineering by 8.1 per cent.

The sales volume of construction enterprises grew by 19.1 per cent in construction of buildings and by 11.8 in specialised construction activities in January to March. The sales volume of civil engineering grew by 4.3 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, March, 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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Updated 13.6.2017

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover of construction [e-publication].
ISSN=1798-5935. March 2017. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/rlv/2017/03/rlv_2017_03_2017-06-13_tie_001_en.html