Bloomberg News

ETLA Cuts Finnish Economy Forecast on Weak Exports, Consumption

September 26, 2012

Finland’s economy will expand 0.5 percent this year and 1 percent in 2013, Helsinki-based ETLA research institute forecast.

“Global economic recovery has been delayed,” the institute said in a statement. “An upswing is not expected until mid-2013 at the earliest.”

The group in March predicted 0.9 percent growth for 2012 and 2.6 percent next year.

To contact the reporter on this story: Kasper Viita in Helsinki at kviita1@bloomberg.net

To contact the editor responsible for this story: Christian Wienberg at cwienberg@bloomberg.net


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