Forecast

Economy & Business

ECONOMY - GDP

Government drastically cuts growth forecast for the Spanish economy

The Nomad Today 4/29/22

The Government Delegate Commission for Economic Affairs has updated the 2022-2025 Stability Program for submission to the European Union

Economy & Business

ECONOMY

Bank of Spain doubles 2022 inflation forecast, cuts growth estimate

The Nomad Today 4/7/22

Spanish residents should keep in mind that at least another three months of sharp price increases await them

Economy & Business

GROWTH

EU economy forecast to grow quicker this year, but faces headwinds

The Nomad Today/dpa 11/11/21

Gross domestic product is anticipated to grow 5% year-on-year in the EU in 2021 and then 4.3% in 2022

Economy & Business

BUSINESS

Spanish government forecast: economy will return to pre-pandemic levels by the end of the year

The Nomad Today 9/23/21

The Executive maintains that GDP will grow 6.5% this year, although the OECD raises the growth figure to 6.8%

Economy & Business

BUSINESS

Nokia announces quarterly profit rise and improved annual outlook

The Nomad Today/dpa 7/29/21

Net sales for the second quarter rose to 5.31 billion euros from 5.09 billion euros last year

Finland

LABOUR MARKET FORECAST

Unemployment in Finland will not fall to prepandemic level until 2023

The Nomad Today 6/2/21

The number of long-term unemployed is forecast to rise to 111,000 during 2021 and peak at 115,000 in early 2022.

Finland

ECONOMIC FORECAST

Finland to run substantial deficit until the middle of the decade

The Nomad Today 5/17/21

The public debt-to-GDP ratio will exceed 75% in 2025 and will continue to grow thereafter.

Finland

UNEMPLOYMENT RISING

Government foresees that 2021 will be a lost year for employment

The Nomad Today 11/17/20

The labor market forecast says that the unemployment rate (7.7% in the third quarter of 2020) is projected to rise to 8.2% in 2021 and then fall to 7.8% during 2022. The employment rate is…

Economy & Business

PANDEMIC

IMF: Global economy to shrink less than expected this year

The Nomad Today/dpa 10/13/20

The fund warned that recovery is not assured while the coronavirus continues to spread, forcing shutdowns and preventing economic activity from returning to normal.

Economy & Business

RECESSION

OECD moderates forecast for economic damage from coronavirus

The Nomad Today/dpa 9/16/20

The intergovernmental think tank said its projections assumed that sporadic local outbreaks will continue, but that they would be addressed by targeted local measures rather than the national…

Finland

COMMISSION FORECAST

Finland will be the slowest EU economy to recover from Covid-19

The Nomad Today 7/7/20

Europe is headed for even deeper recession than initially thought, according to the latest forecast from the European Commission.

Finland

HEATWAVE

Hot weekend in Finland

The Nomad Today 6/27/20

High temperatures close to 30 degrees, will be common during the weekend in the southern part of the country.

Finland

GOVERNMENT FORECAST

Coronavirus crisis will destroy at least 70,000 jobs in Finland

The Nomad Today 6/18/20

The average number of unemployed jobseekers in the baseline forecast is 332,000 in 2020.

Finland

Finnish economy will shrink at least 5.5% due to coronavirus

The Nomad Today 4/16/20

The unemployment rate will grow up to 8%, according to the forecast of the Ministry of Finance. For the first time ever, the social security funds will be in deficit, while public debt will climb to…

Finland

Cold sunny Saturday, possibly snow on Sunday

Eric Lipchis 2/28/20

Vantaa, Seinäjoki, Pori and Varkaus have warnings for poor quality air

Finland

2019-2022 FORECAST

Finland's economic growth to slow down in coming years

The Nomad Today 12/18/19

According to the Ministry of Finance, GDP will increase only by 1% in 2020, to grow just one tenth more in 2021 and 2022. General government finances will remain in deficit and debt will…

Finland

The number of unemployed jobseekers is no longer decreasing

The Nomad Today 11/8/19

The Ministry of Economic Affairs and Employment has published the latest labour market forecast, warning that structural problems impede employment growth.

Finland

Dark clouds ahead economy: growth and job creation slowing down

The Nomad Today 10/7/19

According to the Ministry of Finance's short-term outlook for the economy, Finland's public finances suffer from a structural deficit which is expected to grow over the next few years. Economic…

Finland

The Finnish Government: "Employment growth relies entirely on the service sector until 2020"

The Nomad Today 5/14/19

The latest labor market forecast by the Ministry of Economic Affairs and Employment predicts that employment growth in the industry will stay at the level of 2018, while in construction…