Finland | Growth driven by domestic demand
Finland’s Q2 GDP has been revised up slightly, which mechanically has lifted our forecast for 2021 growth. Most leading indicators remain buoyant but show slowing momentum as the initial post-reopening boom fades. Virus transmission remains contained, while industry has so far proved resilient to the global headwinds.
What you will learn:
- We expect household consumption to grow by 1.2%
in Q3 - Fixed investment was up by 1.3% in Q2, much stronger than we expected
- Inflation remained stable at just under 2% in July
Tags:
Related Services
Post
BoJ to look through a temporary decline in monetary base
The Bank of Japan (BoJ) left monetary policy unchanged at today's (22nd Sep) meeting, maintaining current short- and long-term interest rates, despite another wave of yen weakening and upward pressures on JGB yields.
Find Out More
Post
Global: Worried businesses see almost 50% chance of recession
Businesses continue to downgrade their expectations for the global economy, based on our latest survey of risk perceptions. On average, respondents judge there's a 47% probability of a global recession over the next 12 months.
Find Out More