Turnover of construction decreased by 12.3 per cent in January 2024 from one year ago ago

Release related to topics:Housing and constructionEnterprises
release | Index of turnover of construction 2024, January

Correction

The new database tables were temporarily missing from the release and have now been restored.
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Change

New database tables are published and old database tables are archived in the statistics on index of turnover of construction.
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Change

The base year of the statistics is updated from 2015 to 2021.
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According to Statistics Finland, the working day adjusted turnover of construction enterprises decreased by 12.3 per cent in January 2024 compared to the previous year. The volume of sales, from which the impact of price changes has been eliminated, went down by 10.7 per cent. The decline in construction was most affected by the weak development of turnover and sales volume in building construction.

Key selections

  • Turnover of construction decreased by 12.3 per cent in January 2024 from one year ago.
  • Sales volume decreased by 10.7 per cent in January 2024 from one year ago.
  • Turnover and sales volume are falling in all industries of construction.

Turnover and sales volume are falling in all industries of construction

In January 2024, working day adjusted turnover in construction of buildings fell by 18.4 per cent and sales volume by 17.7 per cent compared to one year ago. In turn, working day adjusted turnover in civil engineering decreased by 0.4 per cent and sales volume by 3.7 per cent from the previous year. Turnover in specialised construction activities went down by 8.7 per cent and sales volume by 7.9 per cent from one year ago.

Seasonally adjusted turnover in construction decreased compared to December 2023

Seasonally adjusted turnover in construction decreased by 1.2 per cent in January 2024 compared to December 2023. Seasonally adjusted sales volume decreased by 0.8 per cent in January 2024 from December 2023.

Change

New database tables are published and old database tables are archived in the statistics on index of turnover of construction.
Read more about the change

Change

The base year of the statistics is updated from 2015 to 2021.
Read more about the change

Tables

See key statistical data in the tables.

Annual change in working day adjusted turnover and sales volume in sectors of construction, % (TOL 2008)

Database tables

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New database tables
Classifications used:
  • Industry
  • Variable
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month
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month
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Classifications used:
  • Industry
  • Variable
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quarter
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month
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  • Industry
  • Variable
Reference period cycle:
half year
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Classifications used:
  • Industry
  • Variable
Reference period cycle:
year
Updating frequency:
month
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Removed database tables

Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): Index of turnover of construction [online publication].
Reference period: 2024, January. ISSN=1798-5935. Helsinki: Statistics Finland [Referenced: 22.11.2024].
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Statistical experts

Inquiries primarily

Toni Kellinsalmi
Senior Statistician
029 551 3801

Head of Department in charge

Katri Kaaja
Head of Department in charge
029 551 3488