22.06.2012

Turnover in Finnish service industries up by 5.8% in first quarter

Professional, scientific and technical services enjoyed 10.9% growth during the first quarter of the year.

The turnover in Finnish service industries grew by 5.8% during the first quarter of this year compared to the corresponding period one year ago, according to Statistics Finland. Professional, scientific and technical services enjoyed the fastest turnover growth with a 10.9% increase. Turnover from real estate activities was also up by an impressive 9.1%, while accommodation and food services recorded a brisk 8% growth rate.

Finland's administrative and support services enjoyed 7.7% growth and turnover in transportation and storage services was up by 5.7%. Turnover in arts, entertainment and recreation increased by 4.7%, and in information and communication by 4.5%.

Services are examined exclusive of trade and the data have been adjusted for working days by eliminating the effects of calendar variations.


Source: Statistics Finland