Interest Rate in Finland
Finland - Interest Rate
Annual economic growth accelerated in the fourth quarter of last year. According to monthly economic activity data released by Statistics Finland, the economy was boosted by stronger expansions of primary, secondary and tertiary production. The pick-up in economic activity, in turn, translated into a tighter labor market, with the unemployment rate in December falling to the lowest level since November 2008. Meanwhile, the current account balance improved in Q4 compared to the previous quarter, although it deteriorated in annual terms. Turning to 2019, the recent tightening of the labor market and improved business and consumer confidence in January suggests the economy could fare well in Q1.Finland - Interest Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Policy Interest Rate (%) | 0.25 | 0.05 | 0.05 | 0.0 | 0.0 |
Finland Interest Rate Chart
Source: European Central Bank.
Finland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.31 | 3.70 % | Mar 11 |
| Exchange Rate | 8.66 | -0.38 % | Mar 11 |
| Stock Market | 4,119 | 0.0 % | Mar 11 |
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Economic News
Finland: Current account balance returns to surplus in January
March 15, 2019
The current account balance rose to a EUR 0.84 billion surplus in January, contrasting the revised EUR 0.22 billion deficit in December, which was previously reported as a EUR 0.46 billion shortfall.
Finland: Economic growth moderates in January
March 15, 2019
Economic activity grew a working-day adjusted 1.5% in January compared to the same month a year earlier, down from the revised 2.3% rise in December (previously reported: +2.7% year-on-year).
Finland: Inflation accelerates in February
March 14, 2019
Consumer prices rose 0.5% in February compared to the previous month, contrasting the 0.4% fall in January.
Finland: The economy accelerates in Q4, ending modest year on a strong note
February 28, 2019
The economy grew 0.7% in seasonally-adjusted quarter-on-quarter terms in Q4 2018, up from Q3’s 0.4%.
Finland: Inflation slows in January
February 19, 2019
Consumer prices fell 0.4% in January compared to the previous month (December: -0.1% month-on-month).
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