Finland's economy exited recession in the third quarter and expanded at a faster than expected pace, latest figures from Statistics Finland showed on Friday.
Gross domestic product grew a seasonally adjusted 3.3 percent from the previous quarter, the latest figures showed, versus the initial estimate of 2.6 percent.
The economy grew for the first time since the second quarter of 2019.
On a year-on-year basis, GDP shrunk a working-day adjusted 2.7 percent, which was revised from 4 percent estimated earlier.
The sequential contraction in the second quarter was revised to 3.9 percent from 4.5 percent and the annual decline to 6.2 percent from 6.4 percent.
Exports rose 2.6 percent quarterly and imports grew 4.7 percent. Private consumption increased 2.9 percent, while investments decreased 0.3 percent.
For comments and feedback contact: editorial@rttnews.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.