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Finland cuts 2023 GDP growth forecast, eyes recession risk

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Finland cuts 2023 GDP growth forecast, sees risk of recession By Reuters

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Economy 1 minute ago (Sep 19, 2022 09:16)

© Reuters. People work at a city infrastructure improvement site in Helsinki, Finland, May 3, 2017. REUTERS/Ints Kalnins

HELSINKI (Reuters) – Finland’s finance ministry on Monday cut its economic growth forecast for 2023 and said the country was at risk of a recession.

The ministry now estimates gross domestic product to grow by 1.7% in 2022 and by 0.5% next year when in June it had expected the growth to be 1.4% in this year and 1.1% in 2023.

Finland cuts 2023 GDP growth forecast, sees risk of recession

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