Turnover of construction decreased by 8.3 per cent in March 2024 from one year ago
release | Index of turnover of construction 2024, MarchAccording to Statistics Finland, the working day adjusted turnover of construction enterprises decreased by 8.3 per cent in March 2024 compared to the previous year. The volume of sales, from which the impact of price changes has been eliminated, went down by 6.2 per cent. The decline in construction was most affected by the weak development of turnover and sales volume in building construction.
Key selections
- Turnover of construction decreased by 8.3 per cent in March 2024 from one year ago.
- Sales volume decreased by 6.2 per cent in March 2024 from one year ago.
- The turnover and sales volume of construction decreased in most industries.
The turnover and sales volume of construction decreased in most industries
In March 2024, working day adjusted turnover in construction of buildings fell by 16.1 per cent and sales volume by 14.6 per cent compared to one year ago. In turn, working day adjusted turnover in civil engineering increased by 5.8 per cent and sales volume by 3.5 per cent from the previous year. The values of civil engineering are generally lower at the beginning of the year, so the growth must be interpreted against this background. Turnover in specialised construction activities went down by 4.0 per cent and sales volume by 2.4 per cent from one year ago.
Seasonally adjusted turnover in construction increased compared to February
Seasonally adjusted turnover in construction increased by 0.2 per cent in March compared to February. Seasonally adjusted sales volume increased by 0.2 per cent in March from February.
Tables
Annual change in working day adjusted turnover and sales volume in sectors of construction, % (TOL 2008)
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