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Achievement of the employment objective requires faster economic growth
(23.06.2016)
Bank of Finland. Bulletin 3/2016
Bank of Finland. Bulletin 3/2016
One of the key objectives of the Government Programme is to raise the employment rate to 72% by the end of the parliamentary term. This means increasing the current number of people in employment by just over 100,000 by ...
National Accounts for the first quarter of 2016
(23.06.2016)
Bank of Finland. Bulletin 3/2016
Bank of Finland. Bulletin 3/2016
According to the most recent quarterly national accounts, real GDP in the first quarter of 2016 grew by 0.6% quarter on quarter and 1.6% year on year. The latest quarterly national accounts data signal similar economic ...
Why is Finland trailing its peers?
(13.04.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
In Finland, economic growth has been weak since the onset of the financial crisis. According to the most recent forecast by the European Commission, GDP growth in Finland is expected to remain among the slowest in the euro ...
Difficulties in emerging economies weigh on global growth
(13.04.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
The Bank of Finland forecasts a global growth rate of 2.8% in 2016, rising only slightly to 3.2% in 2017–2018. The growth pick-up reflects a recovery of the emerging economies suffering from the recession. World trade ...
Russia’s economy and imports to contract further
(13.04.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
In the wake of a second export price shock late last year, the Bank of Finland now expects Russian GDP to contract 3% in 2016. Our new forecast assumes the price of oil averages slightly over $40 a barrel this year, about ...