Russia’s war in Ukraine is stifling Finland’s economic recovery

Russia’s war in Ukraine is weakening the outlook for the Finnish economy. Inflation has risen significantly. “Supply chain bottlenecks and high raw material prices are pushing up inflation. Inflation is projected to slow next year as the impact of energy prices subsides and supply chain disruptions are expected to ease,” says Bank of Finland Head of Forecasting Meri Obstbaum.

These are the key phrases on a press release on Finlands Bank’s Website.

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