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Published: 13 April 2016

Turnover in service industries grew by 4 per cent year-on-year in November to January

According to Statistics Finland, turnover generated by service industries grew by 4 per cent in November to January when compared with the respective period one year previously. One year before, turnover went up by 3 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)

Turnover grew in November to January in all main service industries. Turnover grew fastest in administrative and support service activities. Growth was quieter than one year ago only in information and communications and in real estate activities.

In November to January, the turnover of administrative and support service activities grew by 7.9 per cent. Of the sub-industries, employment activities grew most, by 16.6 per cent, from one year ago. Growth was also strong in security and investigation activities (+13.9%) and in renting and leasing activities (+10.2%).

In the last three month period, professional, scientific and technical activities grew by 7.3 per cent year-on-year. Of the sub-industries, advertising and market research, developed fastest and their turnover increased by 8.6 per cent. The development of other sub-industries was also favourable during the examination period.

Among the main service industries, development was weakest in transportation and storage, where turnover increased by 0.8 per cent from one year ago. In the respective period one year previously, the turnover of transportation and storage declined by 1.3 per cent. Within the industry, the turnover of warehousing and support activities for transportation developed most favourably and grew by 2.1 per cent from twelve months earlier. The turnover of water transport achieved a 1.6 per cent growth, while growth in road and railway transport was only 0.4 per cent.

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: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Year-on-year change in turnover by industry, % (TOL 2008) (13.4.2016)

Figures

• Appendix figure 1. Turnover of service industries, trend series  (TOL 2008) (13.4.2016)
• Appendix figure 2. Turnover of service industries, trend series  (TOL 2008) (13.4.2016)

Revisions in these statistics

• Revisions in these statistics (13.4.2016)

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Updated 13.4.2016