Category: finland

Finland’s job market has seen a total of 629,785 job seekers during the period from January to June 2023, according to the latest report on job seekers based on profession and education level in different regions of the country. Education Level-wise Breakdown: Age Group-wise Breakdown: Gender-wise Breakdown: The statistics reveal that the number of job…

According to data released by Statistics Finland, construction costs in June 2023 increased by 2.1% compared to the same month last year. The rise in costs was primarily driven by an increase in the prices of thermal insulation materials (16.7%) and building fixtures (10.2%) over the year. However, there were notable declines in the costs…

The Finnish service producer prices experienced a notable increase in the second quarter of 2023, according to data released by Statistics Finland. The annual change in the service producer price index for this period stood at 3.4%. When compared to the previous quarter, service producer prices rose by 0.7%. Key Highlights: Contributing Factors to Index…

According to the Finnish Statistical Office, industrial producer prices in Finland experienced an average decline of 9.5% from June 2022 to June 2023. Prices for industrial goods sold in the domestic market decreased by 7.0%, while prices for goods exported abroad dropped by 12.0%. The main highlights are as follows: https://www.stat.fi//julkaisu/cl8k6lva5dtpq0dutxtjw2gbd

According to statistics released by the Finnish Statistics Center, a total of approximately 1.6 million passengers traveled through Finland’s airports in June 2023. This marked a 7% increase compared to the previous year but was still a third less than the number of passengers in June 2019, before the COVID-19 pandemic. The data revealed that…

Statistics Finland released the service sector revenue update for May 2023. According to the data, seasonally adjusted service sector revenue rose by 5.7% compared to May 2022. Concurrently, service production, which removes the impact of price changes, increased by 2.7%. In April 2023, revenue saw a growth of 6.4%, with volume also rising by 2.8%.…

According to the latest data released by Statistics Finland, the seasonally adjusted turnover of construction companies in Finland experienced a decline of 1.0% in May 2023 compared to the same month in the previous year. Key Highlights: The data indicates a mixed performance in the Finnish construction industry in May 2023, with some sectors facing…

According to the Statistics Finland, the seasonally adjusted industrial turnover (TOL BCD) decreased by 8.3% in May 2023 compared to May 2022. Highlights: Export Turnover Decline: Domestic Turnover Decline: Monthly Turnover Comparison: These figures indicate a challenging period for the industrial sector in May 2023, with many sub-industries experiencing declines in turnover, both domestically and…

The Finnish economy saw positive growth in May 2023, according to the latest data from Statistics Finland. The workday-adjusted production increased by 1.9% compared to the same period last year. Additionally, the seasonally adjusted production for May grew by 0.8% compared to the previous month. Further revisions to the data show that the workday-adjusted production…

Helsinki, July 3, 2023 (Statistical Center of Finland) – The Finnish industrial sector experienced significant growth in 2022, with the total value of sold production reaching approximately €104.7 billion. Additionally, subcontracting fees accounted for around €3.4 billion, adding to the industry’s overall performance. The latest industrial production statistics show that the total value of sold…

Statistics Finland has reported that the costs of civil engineering projects in Finland experienced a notable increase of 3.2 percent from May 2022 to May 2023. The annual change in costs varied across different sub-indices, ranging from a significant increase of 9.7 percent for rock structures to a decrease of 4.5 percent for surfacing. The…

According to recent data released by Statistics Finland, the general government debt in Finland experienced a notable increase of EUR 2.1 billion during the first quarter of 2023. The consolidated gross debt, measured at nominal prices, reached EUR 197.9 billion by the end of the quarter. In terms of GDP, the general government debt stood…

According to recent data released by Statistics Finland, the general government debt in Finland experienced a notable increase of EUR 2.1 billion during the first quarter of 2023. The consolidated gross debt, measured at nominal prices, reached EUR 197.9 billion by the end of the quarter. In terms of GDP, the general government debt stood…

Statistics Finland has reported a moderate increase in households’ loan debts during the first quarter of 2023. The total loan stock rose by EUR 0.2 billion compared to the previous quarter. However, there was a positive development in terms of households’ indebtedness ratio, which decreased by 1.6 percentage points. At the end of the first…

According to the latest statistics, Finnish travelers embarked on a total of 620 thousand trips abroad in March 2023, representing a remarkable 81% increase compared to the previous year. The number of overnight stays reached 4,730 thousand, indicating a notable growth of 58%. The average length of a trip stood at 7.6 nights, with a…

Statistics Finland has revealed that producer prices for manufactured products in Finland have witnessed an average decline of 6.5% from May 2022 to May 2023. Specifically, the prices of manufactured products sold in the domestic market fell by 4.1%, while export product prices experienced a more significant drop of 8.7%. Analysis of the producer price…

On Tuesday, Finland’s President appointed the country’s 77th Government, led by Prime Minister Petteri Orpo. This development comes as Prime Minister Marin’s Government members were released from their duties. The newly formed government, headed by Prime Minister Petteri Orpo, comprises 19 ministers representing various political parties. The National Coalition Party holds eight ministerial positions, the…

A recent international price comparison conducted by Eurostat, the Statistical Office of the European Union, has shed light on significant differences in consumer prices among European countries in 2022. Finland, while ranking seventh highest in terms of the total price level of commodities purchased by households, emerged as one of the most affordable countries among…

Helsinki, June 19, 2023 – The Ministry of Defence of Finland has published its annual report on the export of defence materiel for the year 2022. The report highlights an increase in both the number of licences granted and the value of actual exports compared to the previous year. In 2022, the Ministry of Defence…

The Finnish economy is currently stagnant due to rising prices and interest rates, which have reduced demand and hindered growth. However, there is optimism for a turnaround in the latter part of the year. The Ministry of Finance’s Economic Survey predicts that increased household purchasing power and investments in the green transition will drive growth.…