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Drought, autumn rains reduce cereal, potato harvests
The yields of several crops harvested from Finnish fields reduced significantly this year, according to the preliminary statistics…
Electricity price falls to record low due to incorrect offer
The price of electricity fell to a record low level for consumers using exchange electricity on Friday due to the exceptional situation…
Country sees bleak economic outlooks in regions
The economic and employment situation in the regions has deteriorated and near-term expectations in many regions are more negative than…
2205 workers to affect as UPM starts layoffs talks
The Finnish forest industry company UPM is preparing to adjust production temporarily in Finland and will start change negotiations on…
Finnish economy falls into recession: OP
The Finnish economy has slipped into recession as predicted, and Finland's Gross Domestic Product (GDP) will decline by 0.3% this…
More bankruptcies filed in October
A total of 269 bankruptcy proceedings were instigated in October 2023, which is 53 more than in the corresponding period one year…
OL3 nuke plant halted due to malfunction
Electricity production at the Finnish nuclear unit Olkiluoto 3 (OL3) has been interrupted due to a fault in the turbine plant, operator…
Number of open job vacancies decreases in Q3
There were 42,400 open job vacancies in the third quarter of 2023, while the figure was 59,000 one year before, according to Statistics…
Govt forecasts bleak labour market
The situation in Finland’s labour market is looking bleak, according to a forecast published by the Ministry of Economic Affairs…
Inflation drops slightly to 4.9% in October
The year-on-year change in consumer prices was 4.9 per cent in October, according to Statistics Finland. In September, inflation stood…