Nordea More Upbeat on Nordic Growth Over Efficiency, Tax Breaks
10 Articles
10 Articles
Nordea More Upbeat on Nordic Growth Over Efficiency, Tax Breaks
Nordea Bank Abp raised its economic forecasts for most of the Nordic region through next year due to better-than-expected resilience to higher energy prices, geopolitical tensions and global trade disruption.
Nordea predicts unemployment will fall to around nine per cent next year. In July, the unemployment rate was 10.5 percent.
Unemployment is forecast to start to ease as the economy continues to strengthen.
Nordea significantly raises Danish growth forecast. But chief economist Helge J. Pedersen warns that both fiscal policy and global debt problems could have consequences here at home
Nordea predicts 1.7 percent economic growth for Finland this year. Next year, growth is expected to accelerate to two percent and remain there the following year. The growth that began at the turn of the year is expected to continue despite increased interest rates and the uncertainty caused by the Middle East crisis. The article Nordea forecast: Economic growth to accelerate to two percent next year was first published on SSS.fi.
Nordea has clearly raised its forecast for Finnish economic growth. According to the bank, growth is broad-based, but it could be faster.
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