Danske Bank improves forecast for Finland’s economic growth

Summary:
Danske Bank estimates that Finland’s GDP will grow by 1.5% this year and next year. Earlier the bank predicted a growth of 1.3%. According to Danske Bank, indicators suggest that economic activity in Finland will continue to be lively. Danske Bank’s Chief Economist Pasi Kuoppamäki says the bank expects optimistic consumers to increase consumption also this year thanks to income tax breaks and improvements in the employment situation. The focus of growth will, however, move from private consumption to export and industrial investments in the future.

Media:  Taloussanomat / Ilta-Sanomat
Date: 21.3.2017
Journalist: –
Main source: Danske Bank’s Chief Economist Pasi Kuoppamäki

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