FOREX TradingCharts.com

Financial News: Finland GDP Falls In May; Retail Sales Rise

Finland GDP Falls In May; Retail Sales Rise

07/15/2020 - 04:07:00 (RTTNews)

(RTTNews) - Finland's economic output declined, while retail sales grew in May, data from Statistics Finland showed on Tuesday.

Output of the national economy fell a working-day adjusted 5.5 percent year-on-year in May, following a 5.3 percent decline in April, which was revised from a 7.9 percent fall.

On a seasonally adjusted basis, output fell 0.7 percent monthly in May.

Data showed that the primary production increased around 4.0 percent in May. Secondary and services production declined by about 3.0 percent and 7.0 percent, respectively, from the previous year.

Seperate data from the statistical office showed that the retail sales turnover rose by working day adjusted 6.0 percent annually in May.

At the same time, the retail sales volume increased 6.4 percent annually in May. In daily consumer goods trade, the working day adjusted turnover increased 11.5 percent in May and the sales volume rose 9.6 percent from the corresponding period of the previous year.

However, retail turnover fell 5 percent monthly, after a 7.3 percent slump in April. The sales volume decreased 1.8 percent after a 4.2 percent fall in the previous month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Producer Prices Climb 0.6% In July, Much More Than Expected (05 hr(s), 18 min(s), 08 sec(s) ago)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story»

India Industrial Production Falls For Fourth Month (05 hr(s), 39 min(s), 08 sec(s) ago)
(RTTNews) - India's industrial production fell for a fourth consecutive month in June, albeit ...Full Story»

U.S. Producer Prices Climb More Than Expected In July (05 hr(s), 58 min(s), 08 sec(s) ago)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story»

China's Bank Lending Declines In July (06 hr(s), 14 min(s), 08 sec(s) ago)
(RTTNews) - China's bank lending declined more-than-expected in July, data from the People' ...Full Story»

German ZEW Economic Confidence Strengthens Unexpectedly (07 hr(s), 23 min(s), 08 sec(s) ago)
(RTTNews) - Germany's economic confidence improved unexpectedly in August on hopes of a speedy ...Full Story»

South Africa Manufacturing Output Decline Slows In June (07 hr(s), 24 min(s), 08 sec(s) ago)
(RTTNews) - South Africa's manufacturing output declined at a softer pace in June as the Covid ...Full Story»

Japan Eco Watchers Current Conditions Improves; Outlook Falls (07 hr(s), 38 min(s), 08 sec(s) ago)
(RTTNews) - A measure of the public assessment of the Japanese economy rose for the third month in ...Full Story»

Latvia Trade Deficit Narrows In June (07 hr(s), 40 min(s), 08 sec(s) ago)
(RTTNews) - Latvia's trade deficit narrowed in June amid a fall in both the exports and import ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Producer Prices Climb 0.6% In July, Much More Than Expected

08/11/2020 - 09:17 AM (RTTNews)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story>>

India Industrial Production Falls For Fourth Month

08/11/2020 - 08:56 AM (RTTNews)
(RTTNews) - India's industrial production fell for a fourth consecutive month in June, albeit ...Full Story>>

U.S. Producer Prices Climb More Than Expected In July

08/11/2020 - 08:37 AM (RTTNews)
(RTTNews) - Partly reflecting a notable increase in prices for services, the Labor Department rele ...Full Story>>

China's Bank Lending Declines In July

08/11/2020 - 08:21 AM (RTTNews)
(RTTNews) - China's bank lending declined more-than-expected in July, data from the People' ...Full Story>>

German ZEW Economic Confidence Strengthens Unexpectedly

08/11/2020 - 07:12 AM (RTTNews)
(RTTNews) - Germany's economic confidence improved unexpectedly in August on hopes of a speedy ...Full Story>>

Do not sell my personal information

Copyright © 2020. 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.