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Home BUSINESSConstruction enterprises’ turnover ups by 8% in May-July
Fri, 14 Oct, 2016 12:08:15 AM
FTimes Report, Oct 14
Three months' year-on-year change in turnover of construction (TOL 2008). Source: Index of turnover of construction 2016, July, Statistics Finland.
The turnover of construction enterprises went up by 8.0 per cent and the sales volume by 6.0 per cent year-on-year in the May to July period of 2016.
The growth was slightly faster in the corresponding period of 2015, being 8.6 per cent year-on-year, according to Statistics Finland’s data.
The turnover continued to grow in all construction industries.
The growth was strongest in specialised construction, where 9.0 per cent more turnover was accumulated than one year earlier in May to July.
The turnover of building construction grew by 8.1 per cent and that of civil engineering by 5.0 per cent, the data show.
The sales volume of construction enterprises grew by 7.8 per cent in civil engineering in May to July.
The sales volume of specialised construction activities went up by 6.0 per cent and that of building construction by 5.1 per cent.
The volume index of enterprises’ sales is calculated by removing the effect of price changes from the turnover index series.
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