Finland's GDP grew 0.4% in Q2, following a 0.2% recovery in Q1, and inflation moderated to a 1.0% low in July.
Finland's GDP grew by 0.4% in Q2, following a 0.2% recovery in Q1, with annual output expanding by 1.5% in June. Primary and tertiary activities increased 3.0% and 0.8%, respectively, while the secondary sector contracted 1.4%. Inflation moderated to a 41-month low of 1.0% in July from 1.3% in June, with core inflation at 2.2%. The Finnish economy has shown improvement compared to last year's June, providing hope for businesses and consumers.
August 14, 2024
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