Finnish Economy Posts Third Quarterly Gain in a Sign of Recovery
- Finnish economy grew 0.4% in 3Q, flash estimate shows
- Analysts forecast second full-year contraction for the economy
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Finland’s ailing economy grew for a third consecutive quarter in an upbeat signal that contrasts with analysts’ projections of another full-year contraction.
Gross domestic product in the northernmost euro area economy expanded a seasonally adjusted 0.4% in the July-to-September period after growing 0.3% in the previous quarter, according to a flash estimate by Statistics Finland on Thursday. GDP also grew 0.4% from a year ago, adjusted for working days.