The Institute expects unemployment to decline to around 8% and then remain static into next year. The forecast also foresees disposable income households slipping by half a percent this year, but with a similar half a percent increase in income for wage and salary earners next year.
The Finnish economy is being most plagued by gloomy market prospects impacting investment abroad. As a result, the growth in exports is expected to fall from 8.6% in 2010 to 6.4% this year. Exports in 2012 are forecast to see only 3.6% growth.
