Finland: Economic activity rebounds in August
Latest reading: Economic activity bounced back in August, rising 1.7% on a seasonally adjusted month-on-month basis, after a downwardly revised 1.5% contraction in July. A detailed breakdown is not yet available and will be published at a later date.
In working-day adjusted annual terms, economic activity contracted at a softer clip of 0.5% in August (July: -2.7% yoy). The trend worsened, with the annual average growth of economic activity coming in at 0.6% in August (July: +0.9% yoy).