In December, economic activity increased a working-day adjusted 7.2% over the same month the previous year, based on the Trend Indicator of Output. The reading benefited from a low base of comparison (December 2009: -3.9% year-on-year) and represented a moderate deceleration compared to November's 7.5% expansion. The primary and secondary sectors accelerated over the previous month. The primary sector increased a robust 18.7% (November: +14.0% yoy), while the secondary sector, which comprises manufacturing and construction, increased 16.2% (November: +15.3% yoy). In contrast, growth in the services sector slowed to 3.6%, down from the 4.5% increase tallied in November. Meanwhile, the Bank of Finland anticipates that the economy will grow 3.0% in 2011 and 2.5% in 2012.
Economic growth remains strong in the final quarter
February 10, 2011
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Finland Economic News
October 14, 2016
In August, economic activity fell a working-day adjusted 0.1% over the same month last year, according to the Monthly Trend Indicator of Output.
October 14, 2016
The current account posted a EUR 166 million deficit in August, according to Statistics Finland.
September 15, 2016
In July, economic activity expanded a working-day adjusted 1.5% over the same month last year, according to the Monthly Trend Indicator of Output.
September 6, 2016
The Finnish economy recorded flat growth in Q2 over the previous quarter in seasonally-adjusted terms, which represented a slowdown from Q1’s 0.3% expansion, according to preliminary data released by Statistics Finland on 6 September.
August 15, 2016
The current account posted a EUR 219 million deficit in June according to Statistics Finland.