Bank of Finland Bulletin : Economic outlook
(02.07.2012)
Volyymi
86Numero
3Julkaisija
Bank of Finland
2012
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408074444Tiivistelmä
Preface 3
Bank of Finland forecasts 5
Executive summary 6
Economic outlook 9
Recent developments 9
Box 1. National Accounts for the first quarter of 2012 11
Operating environment 12
Non-financial corporations 19
Box 2. Finnish services exports still narrowly based 21
Households 25
GDP and employment 27
Box 3. Productivity developments reflect sectoral, structural and cyclical factors 30
Public finances 33
External balance 36
Box 4. Current account decline based on several factors 37
Wage and price trends 39
Risk assessment 42
Box 5. Alternative scenario: Households strengthen their financial position by adjusting demand 43
Changes from the previous forecast 47
An assessment of housing price developments against various measures
Jarkko Kivistö 49
Market share of Finnish goods exports contracted sharply since 2000
Seppo Orjasniemi - Terhi Ravaska 59
Long-term growth forecast for the Finnish economy
Helvi Kinnunen - Petri Mäki-Fränti - Elisa Newby - Seppo Orjasniemi - Jukka Railavo 69
Articles and boxes from previous publications 79
Forecast tables T1
Bank of Finland forecasts 5
Executive summary 6
Economic outlook 9
Recent developments 9
Box 1. National Accounts for the first quarter of 2012 11
Operating environment 12
Non-financial corporations 19
Box 2. Finnish services exports still narrowly based 21
Households 25
GDP and employment 27
Box 3. Productivity developments reflect sectoral, structural and cyclical factors 30
Public finances 33
External balance 36
Box 4. Current account decline based on several factors 37
Wage and price trends 39
Risk assessment 42
Box 5. Alternative scenario: Households strengthen their financial position by adjusting demand 43
Changes from the previous forecast 47
An assessment of housing price developments against various measures
Jarkko Kivistö 49
Market share of Finnish goods exports contracted sharply since 2000
Seppo Orjasniemi - Terhi Ravaska 59
Long-term growth forecast for the Finnish economy
Helvi Kinnunen - Petri Mäki-Fränti - Elisa Newby - Seppo Orjasniemi - Jukka Railavo 69
Articles and boxes from previous publications 79
Forecast tables T1
Julkaisuhuomautus
ISSN-L 1797-3775 (print) ISSN 1797-3783 (online)