Finland: Monthly economic activity expands at best pace in six months in September
November 15, 2022
Economic activity increased 0.6% month-on-month in seasonally adjusted terms in September (August: +0.4% mom). The print marked the best reading since March and came on the back of improved activity the services sector. Meanwhile, the primary sector—which includes the agriculture, hunting, forestry and fishing subsectors—weakened.
On an annual basis, economic activity rose at a softer pace of 1.6% in September (August: +1.7% yoy). Meanwhile, annual average economic activity growth fell to 2.8% in September (August: +3.0%), pointing to a worsening trend.
Author: Magdalena Preshlenova , Junior Economist