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Europe Live Saturday 25th May 2013

Growth maintained in Finland in the first quarter of 2012

11th June 2012

According to initial data released on 5th June by the Finnish Statistics Institute GDP grew by 0.8% in the first quarter of 2012 in comparison with the fourth quarter of 2011 and by 1.7% over one year, ie in comparison with the first quarter of 2011. As far as the elements comprising the GDP are concerned, exports rose by 3.7% in the first quarter of 2012 but decreased by 0.2% over one year. Conversely imports decreased by 1.3% over one quarter but increased by 0.9% over one year. Private consumption was up by 2.7% in the first quarter of 2012 and by 5.8% over one year. Finally investment increased by 0.3% over one quarter and by 1.5% over one year.

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