Finland's GDP declines in Q3 while EU holds steady

Finland's economy faced a downturn in the third quarter of 2023, with the country's Gross Domestic Product (GDP) shrinking by 0.9% from the previous quarter, according to the latest data from Statistics Finland. This decline is contrasted with the stable economic performance observed across the European Union during the same period.

In a year-on-year comparison, Finland's workday-adjusted GDP was 1.2% lower than the same period in the previous year.