Fast turnover growth for Finland’s service industries

Transportation and storage sector recorded 12.4% growth in September to November 2010.

The turnover of the Finnish service industries grew by 8.4% in September to November 2010 compared to the same period one year earlier, according to data from Statistics Finland. The fastest growing sector was transportation and storage enterprises, whose turnover increased by 12.4%. Administrative and support service activities also boosted their turnover with 11.4% growth from the same period one year previously.

The growth rate was slowest in real estate activities and in information and communication activities, both of which still enjoyed 4.5% growth. The data on services examined by Statistics Finland is exclusive of trade and has been adjusted for working days by eliminating the effects of calendar variations.

Source: Statistics Finland