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Number of unemployed jobseekers rises in August Y-o-Y
The number of unemployed jobseekers rose by 10,400 in August this year from August of last year, said the Ministry of Economic Affairs and Employment in a press release…
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Lowest barley harvest since 1970s forecast this year
This autumn’s cereal harvest in the country is expected to total 2.9 million tons, a fifth smaller than in the previous year, said the Natural Resources Institute…
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Card payments grow by 5% in Q2:
A total of 595 million card payments were made using Finnish payment cards, which was 30 million or 5 percent more than in the same period a year earlier, according to…
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Inflation, interest rates, war affect FDI in 2022
After the coronavirus years, turbulence on international investment markets continued as high inflation, rapidly rising interest rates and the Russian war of aggression…
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Unemployment benefit costs drop further in 2022
The good employment situation of recent years has clearly reduced unemployment benefits spending, according to the national social insurance institution-Kela.…
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Bankruptcies soar in Finland due to economic stagnation
Bankruptcies in Finland have surged by 22 percent over the past 12 months, according to figures published by Statistics Finland on Wednesday, reported Xinhua. "The…
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Gov’t reveals 2024 budget with focus on economic challenges
The government completed its 2024 budget talks on Tuesday, raising the budget deficit amid multiple economic challenges, reported Xinhua. Finance Minister Riikka Purra…
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Construction industry faces challenges amid economic downturn
The Finnish economic research institute PTT has indicated several factors contributing to a recession this year, among which the construction sector stood out as one of…
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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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