Economic Outlook
Investing in the green transition in Finland
Finland’s investments in the green transition continue, with more money pouring into low-emission industrial production and electric transportation, in addition to wind power.
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Follow the economy across the Nordic countries and economic changes worldwide.
Economic Outlook
Global economic outlook: On a narrow path
Central banks are still concerned about inflation, which is slowing down, but is still above the target level. Consequently, it will take time before monetary policy will be eased, and the global outlook continues to be weak.
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Economic Outlook
Autumn chills for the Finnish economy
Economic growth was healthy in the first half of the year, but the outlook going forward is clearly weaker. Higher interest rates will continue to put pressure on consumers, and residential construction. Demand for exports has also deteriorated as global economic growth has slowed down.
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Economic Outlook
Rising sales of electric cars in Denmark
As part of the ambition to reduce greenhouse gas emissions, vehicle taxation has been significantly changed. This has led to a sharp rise in the fleet of electric cars, while the number of diesel cars has declined. Despite this increase, there is still a long way to go to fulfil the ambition of one million zero- and low-emission cars on Danish roads in 2030.
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Insights
Chief Economist Kjetil Olsen: Evening calm in stormy times
Russia’s attack on Ukraine. Inflation and higher interest rates. Nordea’s Norwegian Chief Economist Kjetil Olsen is close to the big news. But an evening trip to the forest can make him forget time and place.
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Economic Outlook
Decrease in savings to boost consumption in Finland
Household purchasing power has weakened significantly over the past year. However, households have maintained their spending by tapping into their savings.
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Economic Outlook
Tough times for Sweden's economy
The Swedish economy is showing some resilience. Especially the labour market has been stable. But there are still major challenges. Not least, households are struggling with high inflation and increasing interest rates with reduced spending as a result.
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Economic Outlook
A looming recession for the Finnish economy?
The economy has surprised positively in the first months of the year, but the outlook for the rest of the year is clearly weaker. The rise in prices and interest rates will continue to put pressure on consumers, and lower housing demand will decrease the volume of construction.
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Economic Outlook
Stubborn inflation in the global economic outlook
China is now one of the bright spots in the global economy thanks to its post-COVID rebound. Developed economies, however, continue to fight against inflation, which is still too high. As central banks tighten their monetary policy it remains to be seen whether they will be able to deliver a soft landing or if many economies will slide into a recession.
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Economic Outlook
Navigating economic uncertainty: Register now for the Nordea Economic Outlook webinar
Join us for the release of the Nordea Economic Outlook on 9 May. Sign up for the webinar with our chief economist for an inside look.
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Insights
The Finnish athlete with her eyes on the ‘red dragon’
As a young orienteering talent in Finland, Tuuli Koivu dreamt about a career in sports. Now the Nordea chief economist strives to be on top of the global economy – and especially the future direction of China.
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Economy
This is what affects how optimistic we are about our financial future
In our new study, the Nordic Pulse, we asked the people in the Nordics about their financial situation and how they value different areas of life. In some areas, the discrepancies between men and women seem to differ a lot. Our experts explain why.
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