The production of the Finnish chemical industry expanded rapidly last year. Still, production growth declined toward the end of the year 2000. No problems in the Finnish economy GDP growth in Finland will be slower in 2001 than last year. This is due to weaker export demand. Growth of domestic demand will be unchanged or accelerate.
Private consumption is boosted by decrease in the tax rate.
The production of the Finnish chemical industry expanded rapidly last year. There were major differences between various sub-sectors of the chemical industry. Production growth declined toward the end of the year 2000. According to the Business Climate Survey , the outlook for the Finnish chemical industry has deteriorated during the last six months. Still, the outlook for the chemical industry was slightly better than for the Finnish manufacturing sector as a whole.