Stock Market in Finland
Finland - Stock MarketThe economy is expected to have emerged from recession in Q3 after contracting in Q2 due to the fallout from the pandemic; however, data points to a fragile recovery. Economic activity swung to expansion in July–August from Q2’s overall contraction, although growth lost steam relative to its peak in June. Meanwhile, the unemployment rate rose to a near three-year high in September and consumer confidence decreased in the same month to its lowest value since May, likely capping private spending. On the external front, merchandise exports continued to fall in July–August, albeit at a softer pace compared to Q2. On the political front, on 15 October the government presented the 2021 draft budget, projecting public debt to rise but the fiscal deficit to narrow compared to 2020. The budget will focus on improving employment conditions, particularly for young people and over-55s, and environmental issues.
Finland - Stock Market Data
|Stock Market (annual variation in %)||12.4||9.6||6.5||-5.9||14.6|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.03||3.70 %||Dec 30|
|Exchange Rate||8.78||-0.38 %||Jan 01|
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October 15, 2020
Economic activity decreased 3.3% year-on-year in working-day adjusted terms in August, down from July’s 2.7% drop.
October 14, 2020
Consumer prices remained flat in September over the previous month, after the mild 0.02% increase recorded in August.
October 13, 2020
The current account recorded a EUR 0.3 billion surplus in August, matching the surplus recorded in August last year, and swinging from the EUR 0.1 billion deficit recorded in the prior month.
September 15, 2020
Economic activity decreased 2.8% year-on-year in working-day adjusted terms in July.
September 14, 2020
Consumer prices ticked up a mild 0.02% in August over the previous month, following the 0.36% increase recorded in July.