Domestic Demand in Finland

Finland Domestic Demand | Economic News & Forecasts

Finland - Domestic Demand

Economic activity growth accelerates in August

Economic activity grew a working-day adjusted 2.3% in August compared to the same month last year, up from the revised 1.7% expansion in July (previously reported: +1.5% year-on-year).

The economy had a mixed sector-by-sector performance in August. Services production, the largest output category in Finland, expanded 0.7%, down from 1.3% in July. Primary production, which captures the agriculture, forestry and fishing sectors, increased a meager 1.1%, significantly down from the 8.2% increase in July. Secondary production, which includes the manufacturing and construction sectors, had a better performance in August; it grew 6.9%, up from 2.4% in July.

A month-on-month comparison shows that economic activity on a seasonally-adjusted basis expanded 0.2% in August, contrasting the revised 0.4% contraction in July (previously reported: -0.5% year-on-year). Average year-on-year growth in economic activity remained steady at July’s 2.4% in August.

FocusEconomics Consensus Forecast panelists expect an economic expansion of 2.7% in 2018, which is unchanged from last month’s forecast. For 2019, the panel sees GDP increasing 2.1%.

Finland - Domestic Demand Data

2013  2014  2015  2016  2017  
Domestic Demand (annual variation in %)-1.1  -0.1  1.3  2.8  2.1  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Finland Facts

ValueChangeDate
Bond Yield0.763.70 %Oct 16
Exchange Rate8.15-0.38 %Oct 16
Stock Market4,0820.0 %Oct 16

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form