Finland: Economic activity growth triples in May from April
Latest reading: Economic activity grew 0.9% month on month on a seasonally and working-day adjusted basis in May, up from April’s 0.3% reading. A breakdown of the data is not yet available and will be published at a later date.
On a working-day adjusted annual basis, economic activity rose 2.0% in May (April: +0.9% yoy). As a result, the trend improved, with the annual average variation of economic activity coming in at 1.7% in May (April: +1.2% yoy).