New obstacles to Finland’s economic recovery

Abstract

Finland’s economy is facing new obstacles to its recovery. Trade policy tightening and uncertainty over the development of the global economy will slow the pace of economic growth, and a clearer improvement in economic conditions will not be seen until next year. The Finnish economy will grow this year by 0.5%, and by 1.5% in 2026 and 1.6% in 2027. Inflation will stay below 2% in the immediate years ahead. Unemployment will fall slowly. Finland’s public finances will continue to be deeply in deficit, and the accumulation of public debt will continue.