Research Briefing | Nov 17, 2021

Finland | Q3 GDP growth in line with our expectation

Ipad Frame - Finland-Q3-GDP-growth-in-line-with-our-expectation

Finland’s GDP rose 0.9% in Q3 based on the flash estimate, in line with our forecast. High-frequency indicators show that the economy remains resilient amid mounting downside risks related to supply-chain bottlenecks and surging energy prices.

What you will learn:

  • Virus transmission remains contained even after all restrictions were lifted, as almost 85% of adults are fully vaccinated.
  • We expect solid growth in the near term; our forecast for GDP growth this year is 3.5% before a slowdown to 2.3% in 2022, both the same as last month.
  • Consumer confidence in October moderated from the multi-year high in September, when all pandemic restrictions were lifted.

Back to Resource Hub

Related Services

Post

Tariff effects are starting to show

The scale of the US tariffs announced on April 2 suggests the economic impact on the Eurozone will be swift. Indeed, a range of high-frequency alternative data plus more timely surveys are already indicating early signs of the reaction to the tariff hit.

Find Out More

Post

Employment nowcast suggests limited impact from NICs rise

Our sentiment data-based nowcast, developed with Penta, suggests UK employment growth has continued to slow in recent months.

Find Out More