Turnover of large enterprises remained almost on level with the previous month in August

According to Statistics Finland's preliminary data, the seasonally adjusted turnover of large enterprises grew by 0.1 per cent in August 2017 compared with July. In July, seasonally adjusted turnover grew by 1.1 per cent, while in June, turnover remained on level with the previous month.

Seasonally adjusted change in the turnover of large enterprises from the previous month, %

The unadjusted turnover of large enterprises grew by 6.3 per cent in August 2017 compared with August 2016. The turnover of large enterprises grew by 6.7 per cent in January to August from one year ago.

Annual change in the turnover of large enterprises, %

The turnover estimate of large enterprises is based on a sample formed of 2,000 enterprises with the most significant turnover in manufacturing, construction, trade and other service industries. Excluded from the statistics are enterprises engaged in primary production, and bank and insurance activities.

The enterprises described in the statistics make up nearly 70 per cent of the turnover of all enterprises operating in Finland, represent more than one-half of the investments made and employ good 40 per cent of the personnel of all enterprises.

The data can be used for short-term monitoring of development in business activities and the market. The economic situation of the whole enterprise sector cannot be assessed solely based on these statistics, because the economic development of smaller enterprises may differ from large enterprises.

More detailed data on the development of various industries are published monthly on the home pages of business trend indicators.

Source: Turnover estimate of large enterprises, Statistics Finland

Inquiries: Aki Niskanen 029 551 2657, Milka Suomalainen 029 551 2912, palvelut.suhdanne@stat.fi

Director in charge: Sami Saarikivi

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Appendix tables

Appendix table 1. Year-on-year change of large enterprises, % (29.9.2017)

Figures

Appendix figure 1. Year-on-year change of large enterprises, trend series (29.9.2017)

Revisions in these statistics

Revisions in these statistics (29.9.2017)

Updated 29.9.2017

Referencing instructions:

Statistics: Turnover estimate of large enterprises [e-publication].
ISSN=2342-0723. August 2017. Helsinki: Statistics Finland [referred: 23.11.2024].
Access method: http://www.stat.fi/til/slv/2017/08/slv_2017_08_2017-09-29_tie_001_en.html