Finland GDP Growth Slows In February

Finland’s national economic output growth slowed in February, after improving in the previous two months, preliminary data from Statistics Finland showed Tuesday.

Gross domestic product grew a working day adjusted 1.7 percent year-on-year after a 2.13 percent increase in January, which was revised from 1.5 percent.

The pace of growth slowed for the first time in three months.

Primary production was largely unchanged from a year ago, while secondary production grew by around three-and-a-half percent, and services by about one percent.

On a month-on-month basis, economic output fell a seasonally adjusted 0.3 percent in February after a 0.4 percent gain in January. Output dropped for the first time in three months.

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Finland GDP Growth Slows In February