Home > Statistics > Turnover of service industries > 2018 > October > Turnover in service industries increased by 4.8 per cent year-on-year in August to October

Published: 14 January 2019

Turnover in service industries increased by 4.8 per cent year-on-year in August to October

According to Statistics Finland, turnover in service industries grew by 4.8 per cent in August to October from the corresponding period of the year before. Professional, scientific and technical activities (+7.0%), information and communication (+6.4%) and real estate activities (+4.7%) grew faster than one year before. Other service activities (+2.4%) grew slightly more than in the year before. Services are here examined exclusive of trade.

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

Among the main industry of professional, scientific and technical activities, growth was most rapid for scientific research and development (+17.5%). Legal and accounting services (+10.5%) also brought good growth to the industry.

In information and communication activities, growth was boosted especially by the sub-industries information services activities (+20.1%) and motion picture, video and television programme production, sound recording and music publishing activities (+14.0%). The development in the branch was slowed down by programming and broadcasting services with its 7.1 per cent drop.

In the main industry of other service activities, development was carried by repair of computers and personal and household goods with its 4.6 per cent rise from one year back.

Turnover in administrative and support service activities increased by 5.8 per cent. Office administrative, office support and other business support activities (+7.8%), employment activities (+7.6%) and rental and leasing activities (+6.9%) especially brought growth to the industry.

Industries of enterprises have been revised in the data released in January

Starting from this statistical release the latest industries defined by the Business Register have been taken into use in the turnover and wage and salary indices. The industry corrections are visible as revised data in some of the published industries for the years 2017–2018. The effects of the changes are taken into consideration in statistics production so that no breaks occur in the time series of the published index series. The interpretation of the statistics also remains unchanged in the renewal. Revisions to annual changes in industries are presented under Revisions in these statistics.

Source: Turnover of service industries, Statistics Finland

Inquiries: Aki Niskanen 029 551 2657, Katja Liukkonen 029 551 3515, 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) (14.1.2019)

Figures

• Appendix figure 1. Turnover of service industries, trend series  (TOL 2008) (14.1.2019)
• Appendix figure 2. Turnover of service industries, trend series  (TOL 2008) (14.1.2019)

Revisions in these statistics

• Revisions in these statistics (14.1.2019)

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Updated 14.1.2019