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Home BUSINESSGDP goes up by 0.2% in Q2
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Sat, 05 Sep, 2015 12:08:19 AM
FTimes Report, Sep 5
 
Gross domestic product by quarter at reference year 2010 prices (EUR billion). Source: National Accounts 2015, 2nd quarter. Statistics Finland.
The volume of Finland’s gross domestic product increased in April to June by 0.2 per cent from the previous quarter, according to Statistics Finland's preliminary data.
 
Compared with the second quarter of 2014, GDP adjusted for working days grew by 0.1 per cent.
 
Revisions put the change in the volume of GDP in the first quarter of 2015 at 0.0 per cent from the previous quarter and at -0.1 per cent from twelve months back.
 
In the second quarter, the volume of exports increased by 0.5 per cent from the previous quarter but contracted by 1.2 per cent from twelve months back, the data show.
 
Imports decreased by 5.0 per cent from the previous quarter and by 8.8 per cent year-on-year.
 
In the second quarter, the volume of private consumption contracted by 0.2 per cent from the previous quarter but grew by 0.8 per cent from twelve months back.
 
Gross fixed capital formation, or investments fell by 2.6 per cent year-on-year.
 
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