FX.co ★ Finnish GDP Stalls in Q1

Finland's economy experienced stagnation on a quarter-to-quarter basis in the first trimester of 2025, contrary to initial projections of a 0.1% increase and following a revised 0.2% growth in the preceding quarter. There was a recovery in household consumption, which climbed by 0.5% following a similar decline in the fourth quarter of 2024. Fixed investment also showed signs of recovery, growing by 0.3% after a 0.2% decrease. Conversely, government expenditure saw a contraction of 2% in the first quarter of 2025, overturning a prior quarter's increase of 0.6%. Regarding external trade, exports of goods and services decreased at a slower rate, moving from a drop of 1.9% in the previous quarter to a 0.4% decline. Meanwhile, imports rebounded, increasing by 0.2% compared to a 1.4% decrease previously. Year over year, Finland's GDP rose by 0.8% in the first quarter of 2025, a reduction from an initially estimated 1.2% increase, and a slowdown from a revised growth of 1% in the final quarter of 2024.