World Economy

Finland GDP Grows 3.6%

Finland GDP Grows 3.6%Finland GDP Grows 3.6%

The Finnish economy continued a strong upward curve during this year’s third quarter, according to preliminary figures from Statistics Finland. Unemployment figures and inflation also improved last month, reported. In terms of its economy, some observers have called Finland the “sick man of Europe.” One expert said the country’s recent economic improvements were merely a “fluke”. New figures from Finland’s statistics agency find, however, that—at least for the time being—the country’s economy continues to grow during the third quarter. And according to the agency’s figures, Finland’s economy has expanded since the beginning of 2015. According to Statistics Finland’s preliminary figures, the seasonally-adjusted GDP was 3.6% higher in 2017’s third quarter compared to the same period a year ago. Compared to last quarter, the agency said, the country’s seasonally-adjusted third quarter GDP rose by 1.1%. Statistics Finland reports that employment numbers are also headed slightly upwards, citing a 0.5% increase compared to the same July-September period of 2016. The agency says that productivity in Finland’s economy grew by 3.8% in September compared to same month the previous year.


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