Finland: Economic activity shrinks in September
Latest reading: Economic activity fell 0.4% month on month on a seasonally adjusted basis in September, deteriorating from August’s downwardly revised 1.2% increase. A detailed breakdown is not yet available and will be published at a later date.
In working-day adjusted annual terms, economic activity decreased at a softer clip of 0.2% in September, following a 0.7% contraction in August.
Meanwhile, seasonally adjusted GDP is estimated to have fallen 0.1% quarter on quarter in Q3 after contracting 0.4% in Q2.