FOREX TradingCharts.com

Financial News: Finland GDP Expands 0.2% In Q1, Less Than

Finland GDP Expands 0.2% In Q1, Less Than Estimated

05/31/2024 - 04:53:00 (RTTNews)

(RTTNews) - Finland's economy recovered less than initially estimated in the first quarter, the latest data from Statistics Finland showed on Friday.

Gross domestic product advanced a seasonally and working-day-adjusted 0.2 percent sequentially in the March quarter, reversing a revised 0.8 percent decline in the previous quarter.

In the initial estimate, which was released on May 15, the rate of increase was 0.5 percent.

The latest expansion was followed by two consecutive declines in the previous quarters.

On the expenditure side, private consumption grew 1.0 percent annually in May, and government consumption advanced by 2.2 percent.

Meanwhile, gross fixed capital formation, or investment, contracted 4.8 percent as both private and public sector investments decreased. Both exports and imports declined by 4.6 percent and 0.5 percent, respectively.

On a yearly basis, GDP contracted 1.2 percent in the first quarter versus a 1.5 percent fall in the previous quarter.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Prices Unexpectedly Flat In May, Annual Growth Slows To 3.3% (42 min(s), 43 sec(s) ago)
(RTTNews) - With a steep drop in gasoline prices partly offsetting a continued increase in shelter ...Full Story»

Thailand Leaves Policy Rate Steady At 2.50% (47 min(s), 43 sec(s) ago)
(RTTNews) - Thailand's central bank decided to keep the interest rate unchanged for the fourth ...Full Story»

India Industrial Output Growth At 3-Month Low (48 min(s), 43 sec(s) ago)
(RTTNews) - India's industrial production growth moderated to a three-month low in April but t ...Full Story»

U.S. Mortgage Applications Show Substantial Rebound (01 hr(s), 0 min(s),43 sec(s) ago)
(RTTNews) - After reporting two consecutive weekly decreases in U.S. mortgage applications, the Mo ...Full Story»

India Inflation Eases Further To 4.75%, Lowest In 1 Year (01 hr(s), 25 min(s), 43 sec(s) ago)
(RTTNews) - India's consumer price inflation eased for the fifth straight month in May to the ...Full Story»

U.S. Consumer Prices Unexpectedly Unchanged In May (01 hr(s), 34 min(s), 43 sec(s) ago)
(RTTNews) - With a steep drop in gasoline prices partly offsetting a continued increase in shelter ...Full Story»

UK Economy Flatlines As Election Looms (02 hr(s), 03 min(s), 43 sec(s) ago)
(RTTNews) - The UK economy stagnated in April as services growth was offset by falls in production ...Full Story»

China Inflation Steady At 0.3%; PPI Continues To Fall (05 hr(s), 21 min(s), 43 sec(s) ago)
(RTTNews) - China's consumer prices logged a steady but meager growth and producer prices cont ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Prices Unexpectedly Flat In May, Annual Growth Slows To 3.3%

06/12/2024 - 09:30 AM (RTTNews)
(RTTNews) - With a steep drop in gasoline prices partly offsetting a continued increase in shelter ...Full Story>>

Thailand Leaves Policy Rate Steady At 2.50%

06/12/2024 - 09:25 AM (RTTNews)
(RTTNews) - Thailand's central bank decided to keep the interest rate unchanged for the fourth ...Full Story>>

India Industrial Output Growth At 3-Month Low

06/12/2024 - 09:24 AM (RTTNews)
(RTTNews) - India's industrial production growth moderated to a three-month low in April but t ...Full Story>>

U.S. Mortgage Applications Show Substantial Rebound

06/12/2024 - 09:12 AM (RTTNews)
(RTTNews) - After reporting two consecutive weekly decreases in U.S. mortgage applications, the Mo ...Full Story>>

India Inflation Eases Further To 4.75%, Lowest In 1 Year

06/12/2024 - 08:47 AM (RTTNews)
(RTTNews) - India's consumer price inflation eased for the fifth straight month in May to the ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.