Turnover of large enterprises grows in October

The seasonally adjusted turnover of large enterprises grew by 0.6 per cent in October 2018 compared with September, according to Statistics Finland.

In September, seasonally adjusted turnover grew by 0.1 per cent, while in August, turnover was 1.0 per cent higher than in the month before.

The unadjusted turnover of large enterprises grew by 8.2 per cent in October 2018 compared with October 2017. The turnover of large enterprises grew by 5.3 per cent in January to October from one year ago.

The turnover estimate of large enterprises is based on a sample formed of 2,000 enterprises with the most significant turnover in manufacturing, construction, trade and other service industries. Excluded from the statistics are enterprises engaged in primary production, and bank and insurance activities.

The enterprises described in the statistics make up approximately 70 per cent of the turnover of all enterprises operating in Finland, represent more than one-half of the investments made and employ good 40 per cent of the personnel of all enterprises.