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RSS FeedsEconomic upswing losing momentum
(WorldNews Finland)

 
 

17 december 2018 12:19:09

 
Economic upswing losing momentum
(WorldNews Finland)
 


The Finnish economy will grow by 2.5 per cent in 2018 and 1.5 per cent in 2019 according to the forecast of the Ministry of Finance in its latest Economic Survey, published on 17 December. The growth in Finland`s economy for the full year 2018 will be 2.5%. This is below the 2017 figure but is still high. World trade is slowing as further trade barriers are put in place, reducing export growth and also feeding through to investment expectations. The growth in Finland`s economy in 2019 is expected to slow to 1.5%, while the growth in 2020 and 2021 is forecast to be 1.3% and 1.1%, respectively. In the medium term, growth will be below 1%, which will be lower than the growth in potential...


 
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