Friday 9/17/21
BUSINESS

Finnish industry and services turnover grew significantly

The development was partly due to the exceptional falls caused by the coronavirus one year earlier
Industry-work-Yerson-Retamal-Pixabay
Photo: Pixabay.

The turnover of the industry and services in Finland grew in June, according to the latest data published by Statistics Finland.

The working day adjusted turnover in industry grew by 9.3% compared with June 2020. The development was partly due to the exceptional fall caused by the coronavirus one year earlier.

Screenshot 2021-08-01 at 09-58-48 Statistics Finland - Index of turnover in industry

Compared to May, the seasonally adjusted turnover in industry decreased by 0.1%, following monthly increases of 0.7% in May and 1.7% in April.

Services

In parallel, the working day adjusted turnover in service industries grew by 12.4% in June 2021 compared with June 2020.

Again, this positive development was partly due to the significant decrease caused by the coronavirus one year earlier. Services are here examined here exclusive of trade.

Screenshot 2021-08-01 at 10-02-32 Statistics Finland - Turnover in service industries

The seasonally adjusted turnover in service industries grew in June by 0.5% compared to May. In May, seasonally adjusted turnover grew by 2%, while in April, turnover was 1.4% higher than in the month before.

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