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Home BUSINESSLarge enterprises’ turnover down in August
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Fri, 02 Oct, 2015 12:29:19 AM
FTimes Report, Oct 2
 
Seasonally adjusted change in the turnover of large enterprises from the previous month, %. Source: Turnover estimate of large enterprises, Statistics Finland.
The turnover of large enterprises contracted in August 2015, according to Statistics Finland's preliminary data.
 
Seasonally adjusted turnover decreased in August by 0.7 per cent from July. In July, seasonally adjusted turnover grew by 0.1 per cent, while in June turnover was 0.1 per cent lower than in the month before.
 
The turnover of large enterprises not adjusted for seasonal variation fell by 5.6 per cent in August 2015 compared with August 2014.
 
In January to August, turnover of large enterprises declined by 3.3 per cent from the corresponding period last year.
 
Annual change in the turnover of large enterprises, %. Source: Turnover estimate of large enterprises, Statistics Finland.
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.
 
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