The European Systemic Risk Board (ESRB) has issued a warning to Finland concerning the vulnerabilities related to household indebtedness and lending for house purchase. There are, however, no threats to the stability of the Finnish financial system in the short term.
Industrial profitability has been linked to fluctuations in export demand, but over the long term it has also followed relative wage developments. The chemical industry has emerged as the most profitable. Most sectors within the metal industry have shown weakened profitability.
Global trends in international trade and technological advances will shape output and employment structures. Accelerating automation raises concerns over a long-term reduction in work, falling wages and increasing inequality.
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