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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,…
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…
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…
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…
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…
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…
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…
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,…
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…
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…