15, 2020, 08:54 AM (RTTNews) - Finland's economy expanded marginally in the first quarter despite containment measures taken … Highlights: - United States: retail sales remained unchanged while industrial production disappointed. GDP decreased by 11.8 % in the euro area (EA-19) and 11.4 % in the EU-27 during the second quarter of 2020, compared with the previous quarter, according to an estimate (see Data sources below) published by Eurostat.These were the sharpest declines observed since time series started in 1995. In particular, it is bigger than the ones recorded in Q1 2009 (–1.6%) or in Q2 1968 (–5.3%). Finland GDP Expands Marginally In Q1 . Finland in recession after Q1 GDP shrinks … GDP’s negative evolution in Q1 2020 is primarily linked to the shut-down of … The Finnish economy expanded at a faster-than-expected rate in the first quarter of the year. In The Wall Street Journal’s most recent survey, estimates ranged from 1.5% annualized growth to an -8.1% contraction. In Q1 2020, GDP in volume terms fell sharply: –5.8%, the biggest drop in the series’ record, since 1949. This page has economic forecasts for Finland including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Finland economy. - We have closed our long BTP / short Bund trade and our short position on US Treasuries. Japan reported Q1 GDP this morning, rounding out the preliminary results of COVID-19’s impact on major developed economies, and as most everyone expected, the Land of the Rising Sun joined Germany, France and Italy in recession. - Euro zone: GDP grew more than anticipated in Q1. Share Preliminary data from Statistics Finland for Q1 does not take into account the economic effects of the coronavirus pandemic. Statistics Finland: Economy is officially in recession Drops in GDP, export and employment for the second consecutive quarter indicates Finland is in economic decline. May. Q1 US GDP came out Wednesday, giving investors their first glimpse at how well economists have accounted for COVID-19 business disruptions in their projections. Quarterly GDP growth. Gross Domestic Product by Expenditure in Constant Prices: Gross Fixed Capital Formation for Finland National Currency, Quarterly, Seasonally Adjusted Q1 1990 to Q3 2020 (Dec 10) Finland GDP Expands Marginally In Q1 By RTTNews Staff Writer | Published: 5/15/2020 8:54 AM ET Finland's economy expanded marginally in the first quarter despite containment measures taken amid coronavirus pandemic, data from Statistics Finland revealed Friday. - Our long-term scenario remains intact and is still pro-risky assets. GDP down by 11.8 % in the euro area and by 11.4 % in the EU-27. 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