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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 ...
Alternative scenario : Russia’s war in Ukraine could lead to a recession in Finland
(21.06.2022)
Bank of Finland. Bulletin 2/2022
Bank of Finland. Bulletin 2/2022
This alternative scenario examines what impact Russia’s war in Ukraine could have on the Finnish economy in the worst case. The scenario describes a situation where an escalation of the war causes the global economy to ...
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 ...
Alternative scenario : Household consumption could be hard hit in the energy crisis
(25.01.2023)
Bank of Finland. Bulletin 4/2022
Bank of Finland. Bulletin 4/2022
The alternative scenario in the Bank of Finland’s forecast for the Finnish economy examines risks surrounding the Bank’s December 2022 baseline forecast which, should they materialise, could lead economic growth to be ...
Will euro area inflation subside without a recession and excessive tightening of financing conditions?
(25.10.2023)
Bank of Finland. Bulletin 4/2023
Bank of Finland. Bulletin 4/2023
Inflationary pressures have proven persistent, but have eased as a result of tighter monetary policy and a fall in energy prices. The crucial question now is whether inflation can be brought down without disruption to the ...
Finnish economy in hibernation : Interim forecast March 2023
(04.04.2023)
Bank of Finland. Bulletin
Bank of Finland. Bulletin
The Finnish economy slipped into recession last autumn as a result of the energy crisis brought on by Russia’s war in Ukraine. The economy's weak performance will continue this year, as it takes time for the effects of ...