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Financial News: Finland GDP Growth Slows In February

Finland GDP Growth Slows In February

04/16/2019 - 04:00:00 (RTTNews)

(RTTNews) - Finland's national economic output growth slowed in February, after improving in the previous two months, preliminary data from Statistics Finland showed Tuesday.

Gross domestic product grew a working day adjusted 1.7 percent year-on-year after a 2.13 percent increase in January, which was revised from 1.5 percent.

The pace of growth slowed for the first time in three months.

Primary production was largely unchanged from a year ago, while secondary production grew by around three-and-a-half percent, and services by about one percent.

On a month-on-month basis, economic output fell a seasonally adjusted 0.3 percent in February after a 0.4 percent gain in January. Output dropped for the first time in three months.

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