Category: finland

The Suomen Akatemia (Academy of Finland) and the Ministry for Foreign Affairs have provided funding for nine research projects through the Development Research Academy Program, DEVELOP2 call. This program supports multidisciplinary and problem-oriented research that describes and interprets dimensions of development, aids in understanding barriers to development, and seeks ways to overcome these obstacles. The…

Helsinki, August 15, 2023 – In a recent report by Statistics Finland, the industrial sector in the country faced a significant downturn as the seasonally adjusted turnover plummeted by 14.1% in June 2023 compared to the same month in the previous year. The data reveals a widespread decrease in turnover across almost all major industries,…

In a recent announcement by Statistics Finland, the Finnish merchant fleet exhibited resilience and expansion, with a total of 674 vessels forming the backbone of the main merchant fleet in July 2023. This figure reflects a significant increase from the previous year’s end, underlining the country’s dynamic maritime industry. Breaking down the fleet, 284 vessels…

According to Statistics Finland, the highest number of residential buildings were completed in Uusimaa during the months of April to June in the year 2023. The second-highest number of residential buildings were completed in Pirkanmaa, followed by Pohjois-Pohjanmaa. These statistics are preliminary. The construction and completion of residential buildings play a significant role in the…

The Maatalouden tuottajahintaindeksi, the Agricultural Producer Price Index, has unveiled significant developments in Finland’s agricultural landscape for the first half of 2023. March 2023: In this period, the index showed that grains, encompassing seeds, reached a level of 180.7 (2015=100), while livestock, including cattle and poultry, ranged from 143.9 to 158.7 (2015=100). April 2023: The…

According to Statistics Finland, agricultural producer prices increased by 1% in the second quarter of 2023 compared to the same period last year. Prices for meat and animal products rose by 12%, while prices for plant products dropped by 16%. The significant decrease in the prices of grains and oilseeds had the most significant impact…

According to preliminary data from Statistics Finland, the total volume of foreign maritime transport in June 2023 was 7.8 million tonnes. This marked an 8% decrease compared to June 2022 in Finland’s foreign maritime transport. Export decreased by 1% and amounted to 3.8 million tonnes, while import decreased by 13% and was 4.0 million tonnes.…

According to preliminary data from Statistics Finland, the total volume of domestic water transport in June 2023 was 0.4 million tonnes. This marked a 13% decrease compared to June 2022 in domestic water transport within Finland. The majority of domestic water transport in June 2023 occurred along the coastline. Key Points: https://www.stat.fi//julkaisu/cl8ld06rgmund0cw12sog0o99

Finland experiences a continued decline in the prices of old share apartments during the second quarter of 2023. According to the preliminary data from the Finnish Statistical Center, the prices of old share apartments fell by 7.0% compared to the previous year and by 0.2% compared to the previous quarter in the second quarter of…

Finland saw a remarkable surge in new car registrations in July 2023, with a total of 6,397 new passenger cars being registered, marking a significant 16% increase compared to the previous year. The data, released by the Finnish Statistical Center, also revealed that a total of 10,850 new vehicles were registered in July, showing an…

According to preliminary data released by Statistics Finland, the seasonally adjusted turnover of the industrial sector decreased by 15.1% in June 2023 compared to June 2022. Key Highlights: Monthly Turnover Decline: The industrial seasonally adjusted turnover declined by 4.5% in June 2023 compared to May. In May, the turnover had already decreased by 0.3%, and…

Gasoline and diesel prices in Finland have shown minor fluctuations in the early months of 2023, according to data released by the Finnish Energy Regulatory Authority. The variations come amidst global energy market dynamics and regional factors that continue to impact fuel costs in the country. In February 2023, the average price for one liter…

Marja Nykänen, Deputy Chairman of the Board of the Bank of Finland, delivered an opening speech at the annual economic policy seminar held in conjunction with the Mikkelin Music Festival. The seminar focused on Finland’s resilience in the world of power politics, considering the ever-changing global economic and political landscape. In her address, Nykänen emphasized…

The Finnish real estate market continues to experience fluctuations in property prices and transaction volumes, according to the Vanhojen osakeasuntojen hintaindeksi (2020=100) ja kauppojen lukumäärät report. The data covers different variables such as Talotyyppi (Property Type), Vuosineljännes (Quarter), Alue (Region), Huoneluku (Number of Rooms), and Tiedot (Information). In the latest report for Q2 2023, the…

According to the preliminary data released by Statistics Finland, the seasonally adjusted retail sales in June 2023 witnessed a decline of 2.8% compared to June 2022. Furthermore, the quantity of goods sold, with the effect of price changes removed, decreased by 0.3%. Key Highlights: The retail sales performance in Finland remains a subject of interest…

According to preliminary data released by Statistics Finland, the harmonized consumer price index (HICP) in Finland recorded a year-on-year change of 4.2% in July. This indicates a slight increase compared to the previous month, where the year-on-year change was 4.1% in June. The HICP is an important indicator of inflation and reflects the average price…

In the months of April and May 2023, there were significant changes in international travel from Finland, with notable variations in trip types and purposes. The data reveals interesting insights into the travel patterns during this period. Overall, the total number of trips abroad increased by 37% from April to May, reaching a total of…

According to the latest preliminary data on population structure, Finland’s population is steadily increasing in the year 2023. The statistics, categorized by region, month, age, information, and gender, provide valuable insights into the country’s demographic trends. Summary of the Population Data: Total Population: Gender Distribution: Age-wise Distribution: The data includes detailed information on the population’s…

According to preliminary data from Statistics Finland, in June 2023, accommodation establishments recorded a total of 2.24 million overnight stays, of which domestic tourist stays accounted for 1.78 million. The total number of overnight stays increased by 3% compared to the previous year. The number of domestic tourist stays remained at the same level as…

According to Statistics Finland, the construction costs in the excavation industry increased by 0.8% from June 2022 to June 2023. The annual change in costs varied between sub-indices, with rock structures rising by 8.8% and surfacing decreasing by 10.0%. Graph: The index’s baseline in 2015 is set at 100. The overall index has shown a…