Interim forecast for the Finnish economy, September 2021 : Economy recovering apace

Abstract

The Finnish economy strengthened faster than expected in the course of spring and summer 2021. For the year as a whole, the interim forecast of September 2021 projects stronger economic growth than the June forecast. The major uncertainties surrounding the forecast in the immediate years ahead relate to the progress of the pandemic both in Finland and globally. While robust economic growth will continue in 2022, the rate of growth is expected to taper off towards the end of the forecast horizon in 2023 and resume its long-term growth path.