Bank of Finland Bulletin: Bank of Finland articles on the economy 3/2019

Editorial: Public finances need more room for manoeuvre 3
Slowing growth in the shadow of global uncertainties 7
Improvements in employment held back by population ageing 38
Measures of core inflation filter out temporary price changes 40
Alternative scenario: Raising the employment rate to 75% will require
much faster economic growth 43
Most recent statistical data point to faster-than-expected moderation
of economic growth 50
What factors influence house prices and residential construction? 54
Forecast tables for 2019–2021 70