Home > Statistics > Index of turnover of construction > 2018 > October > Turnover of construction enterprises increased by 7.6 per cent in August to October from the year before

Published: 14 January 2019

Turnover of construction enterprises increased by 7.6 per cent in August to October from the year before

According to Statistics Finland, turnover of construction enterprises grew by 7.6 per cent in August to October 2018. In the corresponding period one year earlier the growth amounted to as much. The sales volume of construction grew by 2.3 per cent in August to October.

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

The development of turnover was positive in all industries of construction. In August to October, the growth was strongest in building construction, where 10.7 per cent more turnover was accumulated than one year earlier. The turnover of specialised construction activities increased by 5.5 per cent during the period and that of civil engineering by 4.1 per cent.

In August to October, the sales volume of construction enterprises increased by 5.6 per cent in building construction. The sales volume of specialised construction activities increased a little, by 0.6 per cent from the year before. The sales volume of civil engineering remained almost on level with the previous year.

The volume index of enterprises’ sales is calculated by removing the effect of price changes from the turnover index series.

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: Index of turnover of construction 2018, October, 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) (14.1.2019)

Figures

• Appendix figure 1. Trends in turnover of construction by industry (TOL 2008) (14.1.2019)

Revisions in these statistics

• Revisions in these statistics (14.1.2019)

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Updated 14.1.2019