The euro area is continuing its cautious recovery, the US economy is undergoing a strong upswing, China’s growth is subsiding.
Finland’s GDP will grow 0.5 per cent in 2015 and 1.6 per cent in 2016.
The volume of exports will increase by one per cent in 2015; growth is expected to be approximately 3.5 per cent in 2016.
Private consumption will grow by 0.6 per cent in 2015 and by over one per cent in 2016, fuelled by the improvement in consumer confidence and employment.
Investment will still decrease by 1.5 per cent in 2015 due to weak demand, but it will rebound to …read more
Source: ETLA