Statistics Finland has given some reason for cautious optimism about the economic conditions in Finland.
The statistical institution reported earlier today that the country's working day-adjusted output increased by 1.3 per cent year-on-year and seasonally-adjusted output by 0.3 per cent quarter-on-quarter between April and June.
The ranks of the employed, it added, are estimated to have grown by 0.5 per cent from the corresponding period last year and the number of hours worked, when adjusted to working days, by 4.4 per cent from the first quarter.
Statistics Finland also announced that seasonally-adjusted output declined by 0.1 per cent from the previous month in June, while working-day adjusted output increased by 0.5 per cent from the previous year.
The estimates are based on preliminary data, the statistical institution reminds. More detailed data on the development of the national output will be published as part of the upcoming quarterly national accounts on 6 September.
Statistics Finland also revealed that its revised data indicate that working-day adjusted output increased by 0.9 per cent in May, instead of the previously estimated -0.3 per cent.
Aleksi Teivainen – HT
Photo: Petteri Paalasmaa – Uusi Suomi
Source: Uusi Suomi