Finland’s GDP Grows at Fastest Pace in a Year in Second Quarter

  • GDP grows 0.6% in second quarter, up from a revised 0.3%
  • Flash estimate had indicated slightly faster growth at 0.7%
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Finland’s economy grew at the fastest pace in a year, with public spending offsetting contracting investments and trade in the second quarter.

Gross domestic product expanded 0.6% in the quarter through June from the previous three-month period, when it increased a revised 0.3%, Statistics Finland said on Thursday, citing data adjusted for seasonal swings. A flash estimateBloomberg Terminal had indicated a 0.7% growth.