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Turnover in construction grows by 3.8% in April

Published : 14 Jun 2020, 01:34

Updated : 14 Jun 2020, 02:22

  DF Report
DF File Photo.

The working day-adjusted turnover of construction enterprises in April grew by 3.8 per cent year on year, according to Statistics Finland.

The volume of sales, from which the impact of prices has been eliminated, increased by 0.8 per cent.

Turnover grew in the industries of construction of buildings and civil engineering.

Among individual industries, turnover grew most in construction of buildings, where working day-adjusted turnover grew by 8.3 per cent and sales volume increased by 5.4 per cent year on year.

The turnover of civil engineering adjusted for working days increased by 5.8 per cent and sales volume by 12.3 per cent from the previous year.

The increase in the sales volume of civil engineering was particularly caused by fallen costs of civil engineering due to decreases in the prices of motor fuel oil and bitumen. The working day-adjusted turnover of specialised construction activities increased by 2.3 per cent and sales volume by 4.8 per cent year on year.

Seasonally adjusted turnover in construction fell by 0.9 per cent in April compared to March, while seasonally adjusted sales volume fell by 1.4 per cent from one month ago.