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Corona crisis has increased the risk of stagnation in the euro area
(09.11.2020)
Bank of Finland. Bulletin 5/2020
Bank of Finland. Bulletin 5/2020
Stagnation is a period of slow economic growth often characterised by low interest rates and low inflation. It is most commonly associated with the development of the Japanese economy since the early 1990s. In the euro ...
Bank of Finland Forecast : Finland’s economic boom over
(17.01.2020)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
The peak of the cycle in the Finnish economy is now over and economic growth is temporarily losing momentum. Although growth for the current year is still good, there are clear signs of a slowdown. Growth has already slowed ...
Accessible summary : The economic boom is over
(17.01.2020)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
Economic growth has slowed in the euro area and in Finland’s other important export markets. As a consequence of the weaker trend in the international economy, Finland’s annual economic growth will slow temporarily in 2020 ...
A fragile recovery from the pandemic crisis has begun
(09.11.2020)
Bank of Finland. Bulletin 5/2020
Bank of Finland. Bulletin 5/2020
The global economic crisis caused by the coronavirus pandemic intensified in March 2020. The health crisis and the lockdown measures necessary to contain the epidemic led to an exceptionally sudden and sharp decline in ...
Accessible summary : The economy will recover from the pandemic, but even after recovery, growth will be slow
(15.12.2020)
Bank of Finland. Bulletin 6/2020
Bank of Finland. Bulletin 6/2020
The economic recession caused by the pandemic has so far been milder in Finland than elsewhere in the euro area, but the coming winter will still be difficult. Vaccinations do, however, bring hope of an end to the crisis, ...
Accessible summary : Finland’s economy will gradually recover from the sudden shutdown
(09.06.2020)
Bank of Finland. Bulletin 3/2020
Bank of Finland. Bulletin 3/2020
The Finnish economy is experiencing a sharp contraction on account of the coronavirus pandemic. Gross domestic product will decline by around 7% in 2020. In the next 2 years, the economy will grow around 3% per annum. The ...
Finland's economy will gradually recover from the sudden shutdown
(29.06.2020)
Bank of Finland. Bulletin 3/2020
Bank of Finland. Bulletin 3/2020
The Finnish economy is experiencing a sharp contraction on account of the coronavirus pandemic. Gross domestic product will decline by around 7% this year and grow around 3% per annum in 2021 and 2022. The forecast contains ...