Finland: Rise 3.3 pct observed in GDP in July-September period


(MENAFN) According to official figures on Friday, Nov. 27, gross domestic product (GDP) of Finland during the third quarter increased 3.3 percent from the previous quarter, smashing a fresh guesstimate of 2.6 percent.

Finland's third-quarter GDP dropped by 2.7 percent in compariosn with the very period in the last year, showed Statistics Finland's preliminary figures.

The country's April-June narrowing was also revised from minus 4.5 percent to minus 3.9 percent on the first quarter.

Statistics Finland stated in a declaration: "as can be seen from Eurostat's preliminary release, the Finnish economy is still clearly better able to cope with the interest rate crisis than other EU (European Union) countries."

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