A more recent publication of this set of statistics is available.

Latest publication: Index of turnover of construction 2019, September

Published: 14 January 2010

Turnover of construction enterprises contracted by 15 per cent in the August to October period

According to Statistics Finland, the turnover of construction enterprises fell by 15.1 per cent in the August to October period of 2009 from the corresponding period twelve months back. Turnover decreased by 18 per cent in the construction of buildings, by 14.5 per cent in civil engineering and by 12.9 per cent in specialised construction activities in the August to October period.

In October 2009, construction enterprises' turnover contracted by 17.8 per cent from the previous year. The contraction was largest in the activities of civil engineering where turnover fell by 22.1 per cent in October. In the construction of buildings the decrease from the corresponding time period of the year before amounted to 18.4 per cent and in specialised construction activities to 15.6 per cent. These data derive from the preliminary index of turnover of construction compiled by Statistics Finland.

Year-on-year change in turnover in the 8-10/2009 and 8-10/2008 time periods, % (TOL 2008)

The sales volume of construction enterprises shrunk by 11.1 per cent year-on-year in the August to October 2009 period. The sales volume of building construction enterprises fell by 14.3 per cent, that of civil engineering by 10.2 per cent and that of specialised construction activities by 8.8 per cent.

In October 2009, the sales volume of construction enterprises decreased by 12.8 per cent from October 2008. The sales volume of civil engineering enterprises contracted by 17.6 per cent, that of building construction enterprises by 13.7 per cent, and that of specialised construction activities by 10.8 per cent in October.

The volume index of enterprises' sales is calculated by removing the effect of price changes from the turnover index series. In October 2009, the costs of building construction fell by 2.5 per cent and those of civil engineering by 5.5 per cent from October 2008.

Seasonal adjustment models have been revised

The used seasonal adjustment models were revised in connection with the calculation of the indices of turnover for September. The revisions influenced the seasonally adjusted and trend series, but not the original or working-day adjusted time series. The change percentages calculated from the original series became only slightly revised, and this was due to new data having become available. For more detailed information about the revised treatment of seasonal adjustment, see http://tilastokeskus.fi/ajk/tiedotteet/2009/tiedote_019_2009-12-08_en.html.

Source: Index of turnover of construction, October 2009. Statistics Finland

Inquiries: Ulla Virtanen +358 9 1734 3331, Merja Järvinen +358 9 1734 2458, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

Tables

Tables in databases


Last updated 14.1.2010

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover of construction [e-publication].
ISSN=1798-5935. October 2009. Helsinki: Statistics Finland [referred: 9.12.2019].
Access method: http://www.stat.fi/til/rlv/2009/10/rlv_2009_10_2010-01-14_tie_001_en.html