Interim forecast for the Finnish economy, March 2021 : Growth will strengthen as the pandemic recedes
JulkaisusarjaBank of Finland Bulletin. Analysis
JulkaisijaBank of Finland
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-202111092088
The recovery of the Finnish economy from the COVID-19 crisis has been boosted by stronger-than-expected developments in the second half of 2020. Economic growth in 2021 is expected to be higher than projected in the December 2020 forecast, despite the worsening of the pandemic in the early months of the year. The forecast is based on the assumption that as vaccination coverage increases, society can be opened, and economic growth will gather pace. The economy will continue to recover in 2022, but in 2023 growth will slow to a rate enabled by the structures of the economy.
The accessible version: https://www.bofbulletin.fi/en/2021/articles/interim-forecast-growth-will-strengthen-as-the-pandemic-recedes/