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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 ...
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 ...
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 ...