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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…
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…
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…
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…
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…
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…