Turnover of construction enterprises grew by good seven per cent in the last quarter

According to Statistics Finland, turnover of construction enterprises grew by 7.4 per cent in October to December 2016. In the corresponding period one year earlier the growth amounted to as much. The sales volume of construction grew by 4.8 per cent in October to December 2016.

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

Turnover continued to grow in all construction industries. The growth was strongest in building construction, where 10.2 per cent more turnover was accumulated than one year earlier. The turnover of specialised construction activities increased by 6.9 per cent and that of civil engineering by 1.1 per cent.

In 2016, the turnover of construction enterprises grew by 8.6 per cent from the previous year.

The sales volume of construction enterprises grew by 7.5 per cent in building construction and by 4.2 per cent in specialised construction in October to December. The growth in civil engineering amounted to 0.5 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 periodic tax return data used in turnover indices

Statistics Finland’s turnover indices prepare for the change in the Tax Administration's value added tax data starting from data for January 2017. More about this under Changes in these statistics .

Source: Index of turnover of construction 2016, December, Statistics Finland

Inquiries: Maija Sappinen 029 551 3348, Heli Suonio 029 551 2481, rakennus.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

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Tables

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Appendix tables

Appendix table 1. Development of value and volume of construction, % (TOL 2008) (13.3.2017)

Figures

Appendix figure 1. Trends in turnover of construction by industry (TOL 2008) (13.3.2017)

Revisions in these statistics

Revisions in these statistics (13.3.2017)

Updated 13.3.2017

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover of construction [e-publication].
ISSN=1798-5935. December 2016. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/rlv/2016/12/rlv_2016_12_2017-03-13_tie_001_en.html