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73% Finns want to buy 2nd-hand car: Survey
The majority, as much as 73 per cent of Finnish people want to buy a second-hand car, according to a survey conducted by Pohjola Insurance. Those factors most affecting…
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Building costs rise by 2.1% in August Y-on-Y
Building costs rose by 2.1 per cent in August 2023 from one year back, according to Statistics Finland. Among materials, the biggest increases in the year were recorded…
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Bank of Finland sees mild recession, delay in economic recovery
The Finnish economy is in mild recession in 2023, according to the Bank of Finland’s interim forecast published on Friday. The rise in prices and interest rates,…
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Volkswagen’s global deliveries up 5.7% in August
Global deliveries by the Volkswagen Group in August rose by 5.7 percent year-on-year, Germany's largest carmaker said on Friday, reported Xinhua. Driven by…
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Finland faces short recession in 2023: ETLA
Finland's economy is expected to contract by 0.3 percent this year and to grow by 0.8 percent in 2024, the private, non-profit institute ETLA Economic Research said…
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Company outlooks remain negative despite positive recovery signs
The expectations of small and midsize enterprises (SMEs) have improved since last spring, according to the new SME Barometer published by the Ministry of Economic Affairs…
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Inflation drops to 5.6% in August
The year-on-year change in consumer prices was 5.6 per cent in August, according to Statistics Finland. In July, inflation stood at 6.5 per cent. The decrease of…
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Finnish economy to shrink in 2023: think tank
Finland's economy is expected to register a 0.5 percent contraction this year, according to a national economic forecast published on Wednesday by Pellervo Economic…
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Finland secures EU funding to expand e-vehicle charging network
United States-based electric vehicle maker Tesla's Finnish subsidiary Roadster Finland Oy has secured funding from the European Union (EU) to expand Finland's…
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Global tensions impact negatively on big firms in Finland, Sweden: OP
Large companies in Finland and Sweden consider the increase in global political tensions and rising deglobalisation to have a negative impact on their business, according…
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