2018.09.1406:40:00UTC+00Finland's Economic Output Growth Weakens In July

Finland's national output grew at a slower pace in July, Statistics Finland reported Friday.

The trend indicator of output climbed 1.5 percent year-on-year in July, which was slower than the revised 2.8 percent expansion posted in June. A similar slower growth was last posted in May.

Primary production rose around 8 percent and secondary output by 3 percent. At the same time, services output grew less than 1 percent from last year.

Month-on-month, national output fell 0.5 percent in July.

Another report from the statistical office showed that manufacturing turnover advanced 5.6 percent in April to June from the same period a year ago as domestic sales grew 2.9 percent and export turnover by 7.5 percent.