Finland Times

 

Three months' year-on-year change in turnover in services (TOL 2008). Source: Statistics Finland.

The turnover in service industries in the second quarter grew by 1.9 per cent from the corresponding period of 2013, whereas one year previously the turnover grew by 1.7 per cent in the same period. 

 

Services are here examined exclusive of trade.

 

According to the Statistics Finland, in the second quarter, turnover developed most favourably in information and communication enterprises, where turnover grew by 6.7 per cent from the corresponding period of the previous year. 

 

Growth was also rapid in arts, entertainment and recreation, where turnover went up by 5.3 per cent year-on-year. Real estate activities grew nicely in the April to June period with turnover increasing by 4.4 per cent compared to the corresponding period in 2013.

 

The development of turnover was still weakest in transportation and storage enterprises, where it declined by 1.7 per cent from the second quarter last year. Turnover development has also been negative in other service activities, where turnover diminished by 0.3 per cent and in hotels and restaurants where it dropped by 0.2 per cent year-on-year.