September 1, 2017 / 7:38 AM / a year ago

UPDATE 1-Finnish economy shown growing in Q2 after sharp data revision

 (Recasts, adds economist quote)
    HELSINKI, Sept 1 (Reuters) - Finland's economy grew solidly
in the second quarter, its statistics office said on Friday,
revising preliminary figures that had pointed to a sharp
quarterly contraction.
    Growth was 0.4 percent compared with the 0.5 percent decline
announced in last month's flash estimate, the office said.
    The reason for the sharp discrepancy between the two figures
was not immediately clear.
    "Growth is broad-based, and all sectors are now contributing
to it", Timo Hirvonen, economist at FIM bank said.
    "Confidence indicators are strong and investments and
exports are also up, so everything is pointing to 3 percent
growth for the year". 

 (Reporting by Tuomas Forsell; Editing by Jacob
Gronholt-Pedersen and John Stonestreet)
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