Home > Statistics > Index of turnover of construction > 2017 > February > Turnover of construction enterprises grew by nearly 13 per cent in the December to February period

Published: 12 May 2017

Turnover of construction enterprises grew by nearly 13 per cent in the December to February period

According to Statistics Finland, the turnover of construction enterprises increased by 12.8 per cent in the December to February period. In the corresponding period one year earlier the growth amounted to 7.8 per cent. The sales volume of construction grew by 9.4 per cent in December to February.

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 17.6 per cent more turnover was accumulated than one year earlier. The turnover of specialised construction activities increased by 10.4 per cent and that of civil engineering by 4.2 per cent.

The sales volume of construction enterprises grew by 14.6 per cent in building construction and by 7.6 per cent in specialised construction in December to February. The sales volume of civil engineering grew by 1.7 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 Tax Administration’s self-assessed tax data have not so far had an effect on the data of turnover indices

The effects of the changes in the Tax Administration's self-assessed tax data have been analysed in Statistics Finland’s turnover indices. Based on the analyses, the changes have thus far not been found to have significant effects on enterprises’ VAT reporting in terms of statistics production. More information about this in Changes in the periodic tax return data used in turnover indices .

Source: Index of turnover of construction 2017, February, Statistics Finland

Inquiries: Liina Arhosalo 029 551 3612, Heli Suonio 029 551 2481, rakennus.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Development of value and volume of construction, % (TOL 2008) (12.5.2017)

Figures

• Appendix figure 1. Trends in turnover of construction by industry (TOL 2008) (12.5.2017)

Revisions in these statistics

• Revisions in these statistics (12.5.2017)

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Updated 12.5.2017