Home > Statistics > Turnover of service industries > 2015 > March > Turnover in service industries grew by 4.4 per cent year-on-year in January to March

Published: 15 June 2015

Turnover in service industries grew by 4.4 per cent year-on-year in January to March

According to Statistics Finland, turnover generated by service industries grew by 4.4 per cent in the first quarter of 2015 when compared with the respective period one year ago. One year previously, turnover in service industries grew by 2.1 per cent over the same period. Services are here examined exclusive of trade.

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

In the first quarter of the year, turnover grew in almost all main service industries from one year ago. During the examined period, turnover in service industries still grew fastest in the main industry of information and communication, where growth compared to the corresponding period of the previous year amounted to 13.3 per cent. Of the sub-industries of information and communication activities, growth has been fastest in software, consultancy and related activities that grew by 24.0 per cent year-on-year.

Turnover in service industries also grew rapidly in the main industry of arts, entertainment and recreation, where turnover went up by 7.1 per cent year-on-year. Professional, scientific and technical activities increased by 5.1 per cent from one year ago.

Turnover development was still weakest in transportation and storage, where the drop from one year ago was 0.7 per cent. Turnover development has become differentiated between the sub-industries of transportation and storage. When in January to March, water transport reached a growth of 4.0 per cent, land and rail transport decreased by 1.9 per cent and support activities for transportation by 0.5 per cent year-on-year over the same period.

Data revised in several industries

An error occurred in the automatic editing of data that affected the results of the statistical publication released on 13 May. Enterprise closures had been interpreted incorrectly so that all enterprise closures were not included in the calculation of the reference period 12/2014 to 2/2015. This is visible as a downward revision in the index series released now. The revision particularly applies to industries: 49 Land and rail transport, 56 Food and beverage service activities, 58 Publishing activities, 63 Information service activities, 68 Real estate activities, 71 Architectural and engineering activities; technical testing and analysis, 73 Advertising and market research, and 81 Services to buildings and landscape activities. More detailed information about revisions: revisions in these statistics.

Source: Turnover of service industries, Statistics Finland

Inquiries: Aki Niskanen 029 551 2657, Anna Muurainen 029 551 2670, palvelut.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Appendix tables

• Appendix table 1. Year-on-year change in turnover by industry, % (TOL 2008) (15.6.2015)

Figures

• Appendix figure 1. Turnover of service industries, trend series  (TOL 2008) (15.6.2015)
• Appendix figure 2. Turnover of service industries, trend series  (TOL 2008) (15.6.2015)

Revisions in these statistics

• Revisions in these statistics (15.6.2015)

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Updated 15.6.2015