Forecast for the Finnish Economy : The economy will recover from the pandemic, but even after recovery, growth will be slow
JulkaisusarjaBank of Finland. Bulletin
JulkaisijaBank of Finland
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-202101251055
The economic downturn in 2020 will be smaller in Finland than in the rest of the euro area, but this winter will still be difficult. COVID-19 will gradually be left behind in the course of 2021 due to the vaccines, and household consumption will drive growth of 2.2% in the Finnish economy. Growth will strengthen to 2.5% in 2022. At the end of the forecast period in 2023, the economy will return to a slow 1.5% growth rate reflecting the long-term sluggish growth conditions.
The accessible version: https://www.bofbulletin.fi/en/2020/6/forecast-the-economy-will-recover-from-the-pandemic-but-even-after-recovery-growth-will-be-slow/