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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 ...
Is Finland following the same path as Japan?
(23.06.2016)
Bank of Finland. Bulletin 3/2016
Bank of Finland. Bulletin 3/2016
Finland is now facing problems similar to those with which Japan has already struggled for more than a decade. The population is ageing, and slow economic growth is not generating sufficient funds to cover swelling public ...
Bank of Finland forecast: Slowing growth in the shadow of global uncertainties
(03.07.2019)
Bank of Finland. Bulletin 3/2019
Bank of Finland. Bulletin 3/2019
Finland’s economic growth will slow in the forecast period to close to its potential rate. GDP will grow 1.6% in 2019 and 1.5% in 2020. Thereafter, the pace of growth will ease to 1.3% in 2021.
Assessment of public finances 2018 : Now is an opportune time to strengthen fiscal buffers
(10.01.2019)
Bank of Finland. Bulletin 5/2018
Bank of Finland. Bulletin 5/2018
Economic growth has supported the efforts to improve Finland’s general government finances in recent years. However, changes in the composition of public revenue and expenditure are hampering the achievement of a balanced ...
Editorial: Now is the time to strengthen the public finances and the foundations for productivity growth
(18.12.2018)
Bank of Finland. Bulletin 5/2018
Bank of Finland. Bulletin 5/2018
Finland's economy will continue to grow, although its pace of expansion has for the time being moved past its peak. Growth is similarly expected to continue in the euro area; however, its inflationary outlook still calls ...
Bank of Finland Bulletin : Bank of Finland articles on the economy 5/2021
(17.12.2021)
Bank of Finland. Bulletin 5/2021
Bank of Finland. Bulletin 5/2021
Forecast for the Finnish economy : Finnish economy set to slide into recession
(25.01.2023)
Bank of Finland. Bulletin 4/2022
Bank of Finland. Bulletin 4/2022
Growth in the Finnish economy for the full year 2022 will amount to 1.9%, following strong activity in the early part of the year. The high level of inflation has, however, eroded households’ purchasing power, and consumer ...
From shallow recession to moderate growth
(05.07.2023)
Bank of Finland. Bulletin 2/2023
Bank of Finland. Bulletin 2/2023
The Finnish economy will contract by 0.4% in 2023 as inflation, tighter monetary policy and weak export demand weigh on growth across a broad front. Inflation is nevertheless falling this year, and this is already improving ...
Forecast for the Finnish economy (December 2023) : Finland’s economy is in recession and the recovery will be slow
(19.12.2023)
Bank of Finland. Bulletin 5/2023
Bank of Finland. Bulletin 5/2023
The Finnish economy is in recession. GDP will contract by 0.5% in 2023 and by 0.2% in 2024. The weakness in the economy is widespread. However, households’ purchasing power is improving as inflation slows rapidly. In ...
Assessment of public finances 2023 : Correcting the course of the public finances even more challenging than expected
(19.12.2023)
Bank of Finland. Bulletin 5/2023
Bank of Finland. Bulletin 5/2023
The outlook for Finland’s public finances is weaker than before. Finnish economic growth will remain muted in the coming years, and the fiscal consolidation measures planned by the Government will not be enough to reverse ...