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Salary rises but inflation reduces real earning in Q1
The index of wage and salary earnings, which measures the rise in the nominal earnings of full-time wage and salary earners, rose by 3.2 per cent in January to March 2023…
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Marine fishery catch on wane
Finland’s commercial marine fishery catch amounted to 87 million kilos in 2022, being 11 million kilos lower than in the year before, said the Natural Resources…
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Finland terminates pipeline gas supply deal with Gazprom
Finnish state-owned energy company Gasum terminated its long-term pipeline natural gas supply contract with Russian Gazprom Export, said Gasum in a press release on…
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Sharp rise in interest rates changes home loan market
By the end of summer, all remaining home loans tied to a long-term interest rate will face an adjustment from the lower rates enjoyed last year, according to OP Financial…
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Turnover of construction grows by 2.7% in March
Working day adjusted turnover of construction enterprises grew by 2.7 per cent in March 2023 compared to the year before, according to Statistics Finland.
The volume of…
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248 bankruptcies filed in April, more enterprises open in Q1
A total of 248 bankruptcy proceedings were instigated in April 2023, which is 76 more than in the corresponding period one year earlier, according to Statistics Finland.…
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Microsaving gains popularity but savings use to cover costs: OP
The pandemic made Finnish people value saving money even more than before, said OP Financial Group in a recent press release.
One form of saving that has increased in…
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OP forecasts weak growth of Finnish economy
Finland’s economic growth this year and the next will be weaker that predicted, according to OP Financial Group’s economists.
According to OP economists,…
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Food prices fall but still at high level in Finland
Food prices in Finland went down significantly in April, although they remained 14 percent higher than in the same month of 2022, reported Xinhua, quoting Statistics…
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Industrial output grows by 3% in March
Seasonally adjusted industrial output (TOL BCD) grew by 3.0 per cent in March from the month before, according to Statistics Finland.
Industrial output adjusted for…
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