The worst-case scenario in the corona spring did not materialise, but we will still need stamina for the long haul Healthy public finances provide an irreplaceable shield when we hit hard times. It is important to focus the fiscal policy stimulus effectively and take forward structural reforms. Finland’s labour market, too, has a vital role to play as the economy enters the recovery phase. Share Email Twitter Facebook Linkedin Google+
Finland’s economic transition still incomplete The Finnish economy is still going through a period of transition in which it has to adjust to two large structural realignments. Share Email Twitter Facebook Linkedin Google+
Cost-competitiveness remains at a better level than before Finland’s cost-competitiveness has improved in recent years. From the perspective of employment there would still be room for further improvement. Share Email Twitter Facebook Linkedin Google+
Measuring cost-competitiveness in Finland How should we measure cost-competitiveness in Finland? We present here the measures of cost-competitiveness in use at the Bank of Finland. Share Email Twitter Facebook Linkedin Google+
Editorial: Measures to strengthen the economy still needed The faster growth will ameliorate the problems in the economy, but not solve them. The industrial base has narrowed, unemployment is high and the public finances are in deficit. It is important to continue the corrective measures in the economy. Share Email Twitter Facebook Linkedin Google+
Editorial: ECB to continue highly accommodative monetary policy A very substantial degree of monetary accommodation is still needed in the euro area for underlying inflation pressures to build up and support inflation in the medium term. More Bank of Finland Bulletin articles will be published in the beginning of April. Share Email Twitter Facebook Linkedin Google+
Winners and losers in industrial profitability 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. Share Email Twitter Facebook Linkedin Google+
The most expensive country in the euro area Since the financial crisis, consumer prices in Finland have been rising faster than in the euro area on average until recent months. Share Email Twitter Facebook Linkedin Google+