We've cut our GDP forecasts for Finland by 0.3ppts to a 0.5% contraction this year and by 0.4ppts to 1.5% growth in 2025. Finland's statistics office revised down historical GDP and components, resulting in weaker growth this year. We've also scaled back our projection for momentum in the coming quarters to reflect less consumption and investment, resulting in lower growth next year.
Finland: A deteriorating labour market presents a key risk