Had the global investment boom, which “asymmetrically” strongly favoured Finnish exporters, lasted two more years in the latter half of the decade, we would probably have seen wage inflation accelerate and a house price bubble emerge in Finland, too.
While these constraints are expected to gradually unwind over the near term, persisting electricity supply issues - and the need for costly energy alternatives - will keep raising input costs for food producers in industries such as poultry and dairy farming. These may be passed through to consumers.