Bank of Finland forecast : Finland's economy booming

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Title: Bank of Finland forecast : Finland's economy booming
Organization: Bank of Finland
Series: Bank of Finland. Bulletin
Series volume: 92
Series number: 3/2018
Year of publication: 2018
Publication date: 6.7.2018
Pages: 28
Subject (yso): ennusteet; taloudelliset ennusteet; talouskasvu; bruttokansantuote; yritykset; ulkomaankauppa; inflaatio; työmarkkinat; kulutus; kotitaloudet
Keywords: Suomi; yksityinen kulutus; taloustilanne
Other keywords: consumption; economic situation; Finland; forecast; foreign trade; households; inflation; investment; labour markets; private consumption; non-financial corporations
Abstract: Finland's economic growth will continue and remain broadly based. Strong global demand, improved cost-competitiveness, growth in household income and favourable financing conditions will all support growth over the forecast period. GDP growth forecasts for 2018–2020 stand at 2.9%, 2.2% and 1.7%. The declining growth rate in the immediate years ahead reflects the moderate long-term outlook for growth. Inflation will remain close to 1% over the years 2018–2019 before gathering pace and reaching 1.5% in 2020.
Note: Issue: Economic outlook

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