Hypo: Finland's economy seeing strongest growth in 5 years:
There are mixed messages in Finland's economic outlook: growth and confidence are on the rise while ...
yle.fi/a/74-20234496
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Hypo forecasts Finland’s strongest growth in five yearsHypo projects 1.5% growth in 2026 and 1.7% in 2027, while unemployment remains high.
- Hypo forecasts 1.5% growth this year and 1.7% next year, constrained by wars, global trade relations and interest-rate uncertainty.
- Public confidence reached its highest level since 2022; EU-harmonised inflation fell from 2.8% in May to 2.7% in June.
- The unemployment rate is at its worst level since the late 1990s; Hypo expects 10.8% in 2026 and 10% in 2027.
- In June, education services rose 11.5%, transport 6.4%, and food and non-alcoholic beverages by about 1%.
"Uncertainty has not disappeared: the rising unemployment rate and the large number of bankruptcies are overshadowing the prospects of both households and companies, and the bottleneck in the energy market caused by the Gulf crisis is affecting interest rates and stifling growth,"— Hypo’s chief economist, Juho Keskinen, said in a press release.
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