New Economic Bulletin published today

18.06.2008  |  Press release 105/2008

To date, Finland has held up well in the midst of a weakening international economy. However, the strong economic upswing is now levelling off and economic growth is slowing down.

Employment will continue to strengthen while cost and price pressure has mounted considerably. Higher inflation and weaker competitiveness together with weakening international economy are now the main threats to sustained stable economic growth. The main challenges in economic policy are how to ease domestic inflationary pressure and how to best secure sustainable general government finances.

This year's growth rate is estimated to remain at 2.8 % but next year it is likely to range around 2 %. Inflation has accelerated appreciably more than previously forecast.

Economic Bulletin 2/2008

 

Language versions

• Valtiovarainministeriön uusi suhdannekatsaus ilmestynyt
  18.06.2008
• Finansministeriets nya konjunkturöversikt publicerad
  18.06.2008

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