Economic growth has passed its cyclical peak
(WorldNews Finland)

Jobs growth has been strong but the upsurge will remain a temporary phenomenon. Labour productivity growth will remain slower than over the last decade. According to the Bank of Finland forecast published today, Finnish GDP will grow by 2.7% in 2018. In 2019, GDP growth will moderate to 1.9%, in 2020 to 1.7% and in 2021 will converge towards its long-term potential rate, at just under 1.5%. Inflation, which has remained low in the past few years, will pick up gradually, reaching 1.7%...