Friday, October 12, 2012

2012 Finnish Production May Fall -10%

Finnish paper production and exports may drop by up to 10% this year, according to the Pellervo Economic Research (PTT) institute's updated forecast for 2012-2013. This represents a bigger dip than the PTT expected in its spring forecast, when it said levels might fall by up to 7%.
One of the big factors behind this is the economic slowdown in Finland's main export markets.