Tuesday, December 5, 2023

OP: Recession this year, zero growth next year

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OP Group kept its forecast unchanged.

According to OP Group’s economic forecast, Finland’s economy has, as expected, fallen into moderate recession.

According to forecasts, Finland’s GDP will shrink by 0.3 percent this year. Gross National Product is not expected to grow next year also, as the forecast growth rate then will be 0.0 percent.

Both forecasts are unchanged from those given in August.

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