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Bank of Finland Bulletin : Bank of Finland articles on the economy 3/2022
(28.10.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
Energy will dominate euro area’s economic outlook for a long time yet
(28.10.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
The euro area has been drawn into an energy crisis that could have a long-term impact on the area’s economy. The escalating price of energy is increasing euro area import prices, weakening the current account and further ...
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 ...
Rising import prices are hitting the real economy
(28.10.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
The euro area is a net energy importer. In 2020 slightly over 60% of the euro area’s gross available energy was imported from elsewhere. Soaring energy prices have pushed up import prices for euro area countries. This ...
Editorial : Conditions for sustainable economic growth must be ensured
(15.12.2022)
Bank of Finland. Bulletin 4/2022
Bank of Finland. Bulletin 4/2022
The downside is that Finland’s general government debt ratio has grown significantly. The Bank of Finland estimates that the country’s public debt this year amounts to about 72% of gross domestic product (GDP), and that ...
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 ...