Finland | Growth driven by domestic demand

Finland’s Q2 GDP has been revised up slightly, which mechanically has lifted our forecast for 2021 growth. Most leading indicators remain buoyant but show slowing momentum as the initial post-reopening boom fades. Virus transmission remains contained, while industry has so far proved resilient to the global headwinds.

What you will learn:

• We expect household consumption to grow by 1.2%
  in Q3
• Fixed investment was up by 1.3% in Q2, much stronger than we expected
• Inflation remained stable at just under 2% in July