Exchange Rate in Finland
Finland - Exchange RateAnnual economic growth accelerated in the fourth quarter of last year. According to monthly economic activity data released by Statistics Finland, the economy was boosted by stronger expansions of primary, secondary and tertiary production. The pick-up in economic activity, in turn, translated into a tighter labor market, with the unemployment rate in December falling to the lowest level since November 2008. Meanwhile, the current account balance improved in Q4 compared to the previous quarter, although it deteriorated in annual terms. Turning to 2019, the recent tightening of the labor market and improved business and consumer confidence in January suggests the economy could fare well in Q1.
Finland - Exchange Rate Data
|Exchange Rate (vs USD)||1.38||1.21||1.09||1.05||1.20|
5 years of economic forecasts for more than 30 economic indicators.
Finland Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||0.43||3.70 %||Mar 20|
|Exchange Rate||8.50||-0.38 %||Mar 20|
|Stock Market||4,224||0.0 %||Mar 20|
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March 21, 2019
According to the latest opinion polls, Prime Minister Juha Sipila’s Centre Party, which currently heads the three-party coalition government, is set to lose its grip on power after the general elections on 14 April, and a shift towards the left of the political spectrum is increasingly foreseeable.
March 15, 2019
The current account balance rose to a EUR 0.84 billion surplus in January, contrasting the revised EUR 0.22 billion deficit in December, which was previously reported as a EUR 0.46 billion shortfall.
March 15, 2019
Economic activity grew a working-day adjusted 1.5% in January compared to the same month a year earlier, down from the revised 2.3% rise in December (previously reported: +2.7% year-on-year).
March 14, 2019
Consumer prices rose 0.5% in February compared to the previous month, contrasting the 0.4% fall in January.
February 28, 2019
The economy grew 0.7% in seasonally-adjusted quarter-on-quarter terms in Q4 2018, up from Q3’s 0.4%.