Financial News: Finland GDP Contracts In June

Finland GDP Contracts In June

07/29/2025 - 09:06:00 (RTTNews)

(RTTNews) - Finland's economy contracted for the first time in four months in June, Statistics Finland reported Tuesday.

Gross domestic product shrank 0.2 percent in June from a year ago, offsetting the 0.2 percent rise in May. This was the first fall since February.

Seasonally adjusted GDP expanded at a faster pace of 0.7 percent, following May's marginal growth of 0.1 percent.

On a quarterly basis, GDP remained flat for the second straight time in the second quarter. GDP was 0.5 percent higher than in the corresponding period of the previous year.

It was estimated that the number of the employed decreased by 0.8 percent from a year ago and the number of hours worked fell 1.7 percent in the second quarter.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Inflation Data Due On Wednesday (03 hr(s), 13 min(s), 07 sec(s) ago)
(RTTNews) - Australia will on Wednesday see Q2 figures for consumer prices, highlighting a modest ...Full Story»

Belgium Economic Growth Slightly Slows In Q2 (10 hr(s), 07 min(s), 07 sec(s) ago)
(RTTNews) - Belgium's economic growth eased modestly in the second quarter of the year, revers ...Full Story»

U.S. Job Openings Decrease Slightly Less Than Expected In June (10 hr(s), 49 min(s), 07 sec(s) ago)
(RTTNews) - The Labor Department released a report on Tuesday showing job openings in the U.S. dec ...Full Story»

U.S. Consumer Confidence Modestly Improves In July (10 hr(s), 57 min(s), 07 sec(s) ago)
(RTTNews) - Consumer confidence in the U.S. saw a modest improvement in the month of July, accordi ...Full Story»

Eurozone Consumers Lower 1-Year Inflation Expectation: ECB Survey (12 hr(s), 0 min(s),07 sec(s) ago)
(RTTNews) - Euro area households' inflation expectations for the short-term eased in June whil ...Full Story»

Finland GDP Contracts In June (12 hr(s), 06 min(s), 07 sec(s) ago)
(RTTNews) - Finland's economy contracted for the first time in four months in June, Statistics ...Full Story»

Italy Non-EU Trade Surplus Declines In June (12 hr(s), 39 min(s), 07 sec(s) ago)
(RTTNews) - Italy's non-EU trade surplus declined in June as growth in imports outpaced the in ...Full Story»

Austria Manufacturing Activity Contracts At Slower Pace (13 hr(s), 20 min(s), 07 sec(s) ago)
(RTTNews) - Austria's manufacturing activity contracted at a slower pace in July as output ret ...Full Story»