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Published: 27 August 2014

Cubic volume covered by granted building permits declined by 11 per cent in the second quarter

According to the preliminary data of Statistics Finland's statistics on building and dwelling production, in the second quarter of 2014, building permits were granted for a total of 10.7 million cubic metres, which is 10.9 per cent less than one year ago. The cubic volume covered by building permits granted for residential buildings went down by 0.4 per cent.

Building permits granted and building starts, mil. m3, variable annual sum

Building permits granted and building starts, mil. m3, variable annual sum
In the release the data indicated with an asterisk (*) are preliminary data.

Number of building permits granted was six per cent lower in June than one year previously

In June 2014, building permits were granted for a total of 3.7 million cubic metres. Their number fell by 6.1 per cent from the previous year.

The cubic volume covered by permits for residential buildings grew by 6.8 per cent. The cubic volume covered by permits granted for other than residential buildings fell by 9.8 per cent from one year ago.

Volume of newbuilding decreased by 5 per cent in June

In June 2014, the constant-price value or the volume of ongoing building production decreased by 5.3 per cent year-on-year.

The volume of residential building construction decreased by 11.5 per cent in June. The volume of other than residential building construction went up slightly, by 0.3 per cent from one year ago.

Volume index for newbuilding 2005=100, trend

Volume index for newbuilding 2005=100, trend

Source: Building and dwelling production, Statistics Finland

Inquiries: Heli Suonio 029 551 2481, Merja Järvinen 029 551 2458

Director in charge: Hannele Orjala

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Updated 27.8.2014

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. June 2014. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/ras/2014/06/ras_2014_06_2014-08-27_tie_001_en.html