Helsinki, Aug. 31, (dpa-AFX/GNA) - Finland’s economic growth improved more than initially estimated in the three months ended June, the latest data from Statistics Finland showed on Wednesday.
Gross domestic product rose a seasonally and working-day-adjusted 0.9% sequentially in the June quarter, faster than the 0.5% rise in the March quarter.
The second quarter figure was revised up from a 0.6% rise reported initially on August 17.
Further, the Finnish economy expanded for the fifth successive quarter in the three months ended June.
On the expenditure side, private consumption grew 2.3% from the previous quarter and government consumption rose 1.7%.
Investments gained 1.8%, while exports rose only 0.2% and imports climbed 2.3%. On an annual basis, GDP growth eased to 3% in the second quarter from 3.9% in the previous three-month period.
In the initial estimate, the increase for the second quarter was 2.3%.
GNA