Finland's economy continues to shrink

Finland's economy contracted by 0.5 per cent in annual terms in October. In September, the country's GDP contracted by 1.0 per cent in annual terms.

However, compared to the previous month, Finland's GDP increased by 0.4 per cent in October.

The Finnish Statistical Office reports simultaneously that inflation in Finland fell to 1.0 per cent in November, which can be compared to 1.1 per cent in October.

Compared to the previous month, prices in Finland fell by 0.4 per cent in November after a monthly increase of 0.5 per cent in October.