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Published: 15 April 2008

Turnover in service industries went up by 8.7 per cent in the November to January period

Service industries generated 8.7 per cent more turnover in the November 2007 to January 2008 period than in the respective time period of the year before. In the previous three-month period that ended in October their turnover increased by 9.2 per cent. Services are here examined exclusive of trade and the data on turnover have been adjusted for working days by eliminating effects of calendar variations from them.

Among the main service industries, turnover grew fastest in real estate, renting and business activities where it was up by 11.5 per cent on the corresponding time period of the previous year. In hotel and restaurant activities, turnover increased by 6.3 per cent in the latest three-month period. The growth of turnover in transport, storage and communication activities amounted to 6.4 per cent in the November 2007 to January 2008 period. In other community, social and personal services activities turnover went up by 9.4 per cent.

Year-on-year change in turnover of services, three-month averages adjusted for working days, %

Year-on-year changes by three-month period %
2-4/2007 5-7/2007 8-10/2007 11/2007-1/2008
Services, total (excl. trade) 9.5 9.3 9.2 8.7
- Hotels and restaurants 6.0 6.7 6.4 6.3
- Transport, storage and communication 7.5 6.4 7.4 6.4
- Real estate, renting and business activities 12.3 14.0 12.0 11.5
- Other community, social and personal service activities 8.4 7.7 8.1 9.4
*) Year-on-year change by three-month period compares the value for a period of three statistical reference months to the value for the corresponding three-month period of the previous year.

A new calculation method for turnover and wage bill indicators will be introduced by summer 2008. Data on 2008 may become slightly revised due to this. Further information on the methodological revision is available from Mr Antti Santaharju, tel. +358 9 1734 2720.

Source: Monthly trend indicators 2008, January. Statistics Finland

Inquiries: Ms Katja Äijö +358 9 1734 2659,

Director in charge: Ms Hannele Orjala


Tables in databases

Last updated 15.4.2008

Referencing instructions:

Official Statistics of Finland (OSF): Turnover of service industries [e-publication].
ISSN=1799-0998. January 2008. Helsinki: Statistics Finland [referred: 30.9.2022].
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