Bank of Finland Bulletin - Articles on the economy from the Bank of Finland
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The Middle East crisis has raised energy prices and added to uncertainty in the euro area, but the euro area economy has shown good resilience. The inflation rate has risen beyond the 2% target, but the ECB’s interest rate increases will help to curb inflation. Growth in the euro area economy is expected to gather pace gradually.
The latest wave of the Russian Longitudinal Monitoring Survey reveals that Russian households in 2025 enjoyed their best material circumstances in a decade. A record share of households reported they had accumulated sufficient savings to live several months. Even so, the rise in life satisfaction following the 2022 full-on invasion of Ukraine ended last year.
Growth in the Finnish economy has gathered pace and is projected to continue at a significantly brisker rate in the forecast period compared with earlier years.