21.10.2011

Finnish service industries enjoyed good turnover growth in May to July

Administrative and support service activities had 12% increase in turnover from one year ago.

The turnover in Finnish service industries grew by 7.9% in May to July from the corresponding time period one year ago, according to Statistics Finland. One year previously, the turnover in Finnish service industries increased by 6.5 per cent.

Administrative and support service activities enjoyed the fastest growth with a 12% increase in turnover from one year ago. Professional, scientific and technical activities also reached more than 10% growth. Other good performers were accommodation and food service activities with 9.4% growth, transportation and storage (8.6%), other service activities (6.8%), information and communication (5.4%), real estate activities (4.2%) and arts, entertainment and recreation (4.1%).

Statistics Finland examined services exclusive of trade and the data have been adjusted for working days by eliminating the effects of calendar variations.

Source: Statistics Finland press release 14.10.2011