Finland’s GDP will grow by 1.1-1.2 per cent in 2016-2018; the focus of demand will gradually shift from the domestic markets to exports
The volume of exports will hardly grow hardly at all in 2016; growth is expected to be 2.5-3 per cent in 2017 and 2018 as investment demand of export countries recovers somewhat and the competitiveness agreement begins to boost exports
Private consumption will grow by 1.3 per cent in 2016 thanks to low inflation; in 2017 and 2018 it will increase by only half a per cent owing to the modest rise in the level of earnings, hikes in …read more
Source: ETLA