Development of the World and the Finnish Economy

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Presentation transcript:

Development of the World and the Finnish Economy 11/5/2019 Technology Industries of Finland

Change in Investments, % Economic Forecasts for Finland Forecaster Date Change in GDP, % Change in private Consumption, % Change in Exports, % Change in Investments, % Inflation, % * Unemployment rate, % 2018 2019 2020 Danske Bank 17.6.2019 2,4 1,3 1,0 0,8 1,2 3,0 2,0 0,0 1,5 6,5 6,4 Nordea 4.9.2019 1,7 1,1 OP-Pohjola 19.8.2019 0,5 0,6 Ministry of Finance 1,6 2,9 0,9 6,6 6,3 Bank of Finland 11.6.2019 2,3 1,4 2,8 2,1 1,8 ETLA 16.9.2019 0,7 3,8 PTT 12.9.2019 2,5 6,9 PT 17.9.2019 4,0 -1,0 6,7 European commission 2.7.2019 3,2 3,4 6,0 IMF 9.4.2019 1,9 3,3 3,1 7,2 7,1 Average 11/5/2019 Technology Industries of Finland *) European commission and IMF report Harmonized Index of Consumer Prices Updated 17.9.2019

Sales and Construction of new one-family houses in the USA 11/5/2019 Technology Industries of Finland Seasonally adjusted information Source: Macrobond

Consumer Confidence in Finland 11/5/2019 Technology Industries of Finland Seasonally adjusted information Source: Macrobond, Statistics Finland

Consumer Confidence in Eurozone 11/5/2019 Technology Industries of Finland Seasonally adjusted information Source: Macrobond, European Commission

Consumer Confidence in USA 11/5/2019 Technology Industries of Finland Seasonally adjusted information Source: Macrobond, Conference Board

Manufacturing Purchasing Managers’ Index in USA 11/5/2019 Technology Industries of Finland Source: Macrobond, ISM Reading over 50 = situation is better than in previous month Reading under 50= situation is worse than in previous month