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Home BUSINESSGDP remains stable in Q2
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Wed, 07 Sep, 2016 12:05:04 AM
FTimes Report, Sep 7
 
Gross domestic product by quarter at reference year 2010 prices (EUR billion). Source: National Accounts 2016, 2nd quarter. Statistics Finland.
The volume of Finland’s gross domestic product remained on level in April to June compared with the previous quarter, according to Statistics Finland's preliminary data.
 
Compared with the second quarter of 2015, GDP adjusted for working days grew by 0.4 per cent.
 
Revisions put the change in the volume of GDP in the first quarter of 2016 at 0.3 per cent from the previous quarter being was 0.6% and at 1.2 per cent from twelve months back.
 
In the second quarter, the volume of exports grew by 3.1 per cent from the previous quarter and by 1.6 per cent year-on-year.
 
Imports increased by 4.0 per cent from the previous quarter and by 7.1 per cent year-on-year, the data show.
 
In April to June, the volume of private consumption grew by 0.9 per cent from the previous quarter and by 2.5 per cent from twelve months back.
 
Gross fixed capital formation, or investments, grew by 3.6 per cent from the previous quarter and by 7.1 per cent year-on-year.
 
 
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