Finland: GDP swings back to mild expansion in Q2
July 14, 2014
According to a preliminary estimate released by Statistics Finland on 14 August, the Finnish economy grew a seasonally-adjusted 0.1% over the previous quarter in Q2. If confirmed, this print represents an improvement over the 0.4% drop tallied in Q1 and marks the largest pace of growth since Q3 last year. During the two previous quarters, the Finish economy tallied contractions.
In annual terms, GDP fell 0.1%, which contrasted the 0.1% expansion recorded in the first quarter. A more detailed set of data on national accounts will be released on 5 September.