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Home BUSINESSTurnover in service industries grows by 0.3 %
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Sat, 15 Mar, 2014 03:53:08 AM
FTimes Report, March 15

Turnover in service industries grew only marginally during October-December, with the turnover showing an increase of 0.3% from the corresponding time period of the previous year.

One year ago, turnover in service industries grew by 2.6% in the corresponding period.

The Statistics Finland showed that the development of turnover in service industries has been clearly slower in the January-December period of 2013 than in the previous year. Services are

here examined exclusive of trade.

Turnover development during October-December was weaker in nearly all main service industries than in the corresponding period of the previous year. Turnover development was more

favourable only for enterprises in the industry of arts, entertainment and recreation, and in information and communication services in the last quarter compared to one year earlier.

Turnover in arts, entertainment and recreation activities grew by 5.6% and in information and communication services by 2.7% from the corresponding period of the previous year. In the last

quarter of the year, turnover development was negative in the following service industries: transportation and storage (-1.8%), administrative and support service activities (-1.0%), real estate

activities (-1.0%) and other service activities (-0.8%).

 

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