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Interim forecast : Energy crisis will shrivel growth in Finnish economy
(21.09.2022)
Bank of Finland Bulletin. Analysis
Bank of Finland Bulletin. Analysis
The economy in Finland is weakening after a strong start to the year. The energy crisis and rising inflation have increased the risk of a recession, and the economy is expected to contract slightly in 2023. The faltering ...
Near-term scenarios for Finland's economy : War in Ukraine will slow Finland’s GDP growth and increase inflation
(30.03.2022)
Bank of Finland Bulletin. Analysis
Bank of Finland Bulletin. Analysis
Russia’s invasion of Ukraine has cast a new veil of gloom over the outlook for Finland’s economy. There is considerable uncertainty over the economic impact of the Russia-Ukraine war, because the extent and duration of the ...
Interim forecast for the Finnish economy, September 2021 : Economy recovering apace
(30.09.2021)
Bank of Finland Bulletin. Analysis
Bank of Finland Bulletin. Analysis
The Finnish economy strengthened faster than expected in the course of spring and summer 2021. For the year as a whole, the interim forecast of September 2021 projects stronger economic growth than the June forecast. The ...
Russia’s war hits its economy on many fronts
(05.05.2022)
Bank of Finland Bulletin. Analysis
Bank of Finland Bulletin. Analysis
Russia’s invasion of Ukraine on February 24 has forced us to confront the catastrophic human implications of war, especially when any path to peace is still unclear. The situation also requires consideration of war’s ...
Back to the old normal? : Monetary policy implementation in a landscape of rising interest rates and a shrinking Eurosystem balance sheet
(07.09.2023)
Bank of Finland Bulletin. Analysis 3/2023
Bank of Finland Bulletin. Analysis 3/2023
The past two years have seen a strong surge in inflation. In response, the European Central Bank (ECB) has tightened its monetary policy considerably: the key ECB interest rates have been raised by altogether 4.25%, and ...