Interest Rate in Finland

Finland Interest Rate | Economic News & Forecasts

Finland - Interest Rate

Although the economy gained some steam in the third quarter according to comprehensive GDP data, this was largely due to a surge in inventories, and the underlying picture was less positive. Private consumption and fixed investment contracted sharply in the quarter, while exports also declined—likely linked in part to the wider economic slowdown within the Eurozone. Looking to the fourth quarter, while the GDP outturn should have been supported by faster growth among key European trading partners, recent indicators are mixed. On one hand, in October, the unemployment rate remained at a multi-year low and wage growth was robust, while consumer sentiment was fairly upbeat in November. While this should support private consumption, gains could be limited by falling vehicle sales following the introduction of new emissions tests in September. Moreover, the economic sentiment index dipped for the second straight month in November.

Finland - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)0.25  0.05  0.05  0.0  0.0  

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Finland Interest Rate Chart

Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Finland Facts

Bond Yield0.473.70 %Jan 14
Exchange Rate8.55-0.38 %Jan 14
Stock Market3,8740.0 %Jan 14

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