Bloomberg News

Finland’s Economy to Contract This Year, PTT Institute Forecasts

March 27, 2012

Finland’s economy will shrink 0.9 percent this year before expanding 2.3 percent next year, Helsinki-based PTT Research Institute forecast today.

Inflation will slow to 2.9 percent in 2012 and 2.6 percent in 2013 from 3.4 percent last year, the institute said.

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


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