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8 articles

Bank of Finland Bulletin 2/2022

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Cost competitiveness is key in replacing lost trade with Russia

Finland’s cost competitiveness has strengthened in recent years, but it has yet to fully recover to the level attained before the financial crisis. Improving cost competitiveness is especially important now, when companies are searching for new markets to replace lost trade with Russia.

Editorial: Ukraine war blurring economic outlook – ECB monetary policy normalisation continues

Inflation is climbing, and interest rate rises will start soon. Household purchasing power was growing for a number of years, but now the situation is different. If we have the patience to look beyond the inflation spike, then competitiveness can be retained and the purchasing power of employees can be strengthened in future years.

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