Research Briefing | Sep 16, 2021

Finland | Growth driven by domestic demand

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

Back to Resource Hub

Related Services

Seoul, South Korea

Post

BoK’s monetary policy to tighten even as hiking cycle ends

Even without rate hikes, central banks' monetary policies can effectively tighten if the nominal neutral rate falls below the policy rate. We expect this will be the case for the Bank of Korea this year, as the gap between the policy rate and the nominal neutral rate widens.

Find Out More
China Shenzhen skyline

Post

Why China isn’t about to save the world economy

The earlier and faster than expected ending of zero-Covid restrictions in China bodes well for the global economy and adds to the recent run of positive news.

Find Out More