Bloomberg News

Finnish Economy to Grow 1% in 2012, Handelsbanken Forecasts

December 15, 2011

Dec. 15 (Bloomberg) -- Finland’s economy will grow 1 percent in 2012 and 2.4 percent in 2013, Svenska Handelsbanken AB said in an e-mailed report today.

Growth is driven by private consumption as anemic demand for exports weighs on investments, Tiina Helenius, the bank’s Helsinki-based chief economist, said in the report. The bank had previously forecast growth of 1.8 percent for next year.

--Editor: Jonas Bergman, Meera Bhatia

To contact the reporter on this story: Kati Pohjanpalo in Helsinki at kpohjanpalo@bloomberg.net

To contact the editor responsible for this story: Tasneem Brogger at tbrogger@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus