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Construction firms’ turnover grows 2.5% in June

Published : 14 Aug 2020, 00:13

  DF Report

DF File Photo.

The working day-adjusted turnover of construction enterprises grew by 2.5 per cent in June compared to one year before, according to the Statistics Finland.

The volume of sales from which the impact of prices has been eliminated increased 1.3 per cent.

Annual changes in working day-adjusted turnover and sales volume of construction enterprises have been positive already for six successive months.

Among the industries, most growth was recorded in civil engineering, where turnover adjusted for working days increased by 8.9 per cent and sales volume by 13.1 per cent from that in the previous year.

The increase in the sales volume of civil engineering was especially due to fallen costs as a result of cheaper motor fuel oil and bitumen. Turnover also grew in construction of buildings, where working day-adjusted turnover grew by 4.5 per cent and sales volume by 2.8 per cent compared to one year before. In specialised construction activities, turnover decreased by 1.7 per cent and sales volume by 3.2 per cent from one year ago.

Seasonally adjusted turnover in construction fell by 0.8 per cent and seasonally adjusted sales volume fell by 0.9 per cent in June from one month ago.