Finland GDP Drops In June

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Friday, the Statistics Finland said in a preliminary report that the gross domestic product or GDP indicator dropped a working day adjusted 11.1% year-over-year in June, compared with a 11.4% fall in the previous month. A year earlier, the GDP was up 0.9%.

On an original series, the output indicator decreased 9.7% annually in June, after falling 12.8% in May.

Month-on-month, the GDP indicator decreased a seasonally adjusted 0.8% in June, compared with a 1.9% fall in the previous month.

Friday, the Statistics Finland said in a preliminary report that the gross domestic product or GDP indicator dropped a working day adjusted 11.1% year-over-year in June, compared with a 11.4% fall in the previous month. A year earlier, the GDP was up 0.9%. (Market News Provided by RTTNews)