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Alternative scenario : Supply-side disruptions slow growth also in Finland
(02.02.2022)
Bank of Finland. Bulletin 5/2021
Bank of Finland. Bulletin 5/2021
Supply-side bottlenecks have weakened the momentum of global growth. Finnish manufacturing companies are also suffering from shipping disruptions and input shortages. Under a scenario prepared by the Bank of Finland, supply ...
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 ...
Why has world trade slowed?
(13.04.2016)
Bank of Finland. Bulletin 1/2016
Bank of Finland. Bulletin 1/2016
World trade grew for decades considerably faster than global GDP. In recent years, the growth of international trade has slowed to the level of the GDP growth rate. Is the most hectic phase of globalisation already history? ...
National accounts for the third quarter of 2015
(18.12.2015)
Bank of Finland. Bulletin 5/2015
Bank of Finland. Bulletin 5/2015
On 4 December 2015, Statistics Finland published advance quarterly national accounts data containing the latest statistical data on Finnish economic developments in the third quarter of 2015.
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 ...
Consumer confidence foreshadows developments in the economy
(29.06.2020)
Bank of Finland. Bulletin 3/2020
Bank of Finland. Bulletin 3/2020
Consumer confidence indicators are widely used in monitoring the economic cycle, as they are thought to contain forward-looking information on the path of the economy. Changes in consumer confidence have historically ...
Bank of Finland forecast : Finland's economy booming
(06.07.2018)
Bank of Finland. Bulletin 3/2018
Bank of Finland. Bulletin 3/2018
Finland's economic growth will continue and remain broadly based. Strong global demand, improved cost-competitiveness, growth in household income and favourable financing conditions will all support growth over the forecast ...
India climbs the welfare ladder
(23.01.2019)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
India’s on a roll. Agreed, there are the usual complaints from its detractors about rampant corruption, slow progress in structural reforms, red tape and a lack of fiscal discipline, but it’s hard to argue with India’s ...
Bank of Finland staff forecasts: an evaluation
(06.07.2018)
Bank of Finland. Bulletin 3/2018
Bank of Finland. Bulletin 3/2018
Monetary policy decisions are based on assessment of the current and future state of the economy. In order to obtain forecasts, central banks build models, which are simplified representations of the complex interactions ...