Bank of Finland predicts slow recovery in 2024

HELSINKI, Sept. 16 (Xinhua) -- The recovery of Finland's economy is expected to be slow due to weak private consumption and sluggish investment growth, the central bank said in a press release on Monday.

According to the Bank of Finland's newly released interim forecast, the Finnish economy is expected to shrink by 0.5 percent in 2024. Growth is projected to resume in the following years, with the economy expand