Economy

Finland

OPTIMISM

Consumer sentiment in Finland at the highest level

The Nomad Today 8/29/21

Upper-level salaried employees were most optimistic, while pensioners had clearly the gloomiest expectations concerning economic development

Finland

ECONOMY

Finland production and employment increased in the second quarter

The Nomad Today 8/17/21

GDP is estimated to have grown 2% from the previous quarter and 7.4% compared to one year ago

Finland

BUSINESS

Output of Finnish economy grew in May

The Nomad Today 7/19/21

Working day adjusted primary production grew by around 7%

Finland

BUSINESS

Output of the Finnish economy grew strongly in April

The Nomad Today 6/15/21

Production grew in all sectors

Finland

OUTPUT

Production in the Finnish economy stalls on its way to recovery

The Nomad Today 5/18/21

It is estimated that the number of the employed decreased by around 0.7% in the first quarter from one year ago.

Finland

BUDGET NEGOTIATION

Finnish government paralyzed, economy in trouble

The Nomad Today 4/27/21

The leaders of the ruling coalition parties have been locked in, confronted and unable to agree on the budget for nearly a week as bad economic news continues to arrive.

Finland

OPTIMISM

Consumer confidence recovers with the easing of anti-Covid measures

The Nomad Today 4/27/21

Consumers' expectations concerning the development of the unemployment situation in Finland became slightly brighter in April.

Finland

BUSINESS

Finland economic output decline for the third month in a row

The Nomad Today 4/16/21

The industrial turnover grew a working-day adjusted 6.2% year-on-year in February, after remaining unchanged in January.

Finland

BUSINESS

Pessimism about the economy increased among Finnish consumers in March

The Nomad Today 3/29/21

The time was regarded good for saving, but poor for taking out a loan and buying durable goods.

Finland

CONSUMER CONFIDENCE

2020, a year of pessimism for Finnish consumers

The Nomad Today 12/28/20

December was regarded as reasonable for saving and poor for buying durable goods and especially for raising a loan. 

Finland

TAX RISE

Finnish economy deficit to remain "substantial" in 2021

The Nomad Today 12/17/20

Authorities say direct tax increases will be needed to finance the imbalance between revenue and expenditure. Public debt relative to GDP will also grow in the coming years and is estimated…

Finland

CORONAVIRUS CRISIS

National economy output falls for ninth consecutive month

The Nomad Today 12/16/20

Working day adjusted primary production (agriculture, hunting, forestry and fishing) decreased by around 4%.

Finland

BUSINESS

Consumer confidence in Finnish economy improved in November

The Nomad Today 11/28/20

Expectations concerning the development of the unemployment situation also improved, although they remained on a gloomy level.

Finland

NATIONAL ECONOMY

Finland emerges from recession

The Nomad Today 11/14/20

Finnish gross domestic product (GDP) increased compared to the previous quarter but is still down from one year ago.

Finland

FINNISH ECONOMY

Consumer confidence continued to erode in October

The Nomad Today 10/27/20

Consumers’ expectations concerning the development of the general unemployment situation dropped to an even gloomier level and there was also more personal threat of unemployment or lay-off…

Finland

POLL

Only half of Foreigner.fi readers think the economy will improve next year

The Nomad Today 10/20/20

Foreigner.fi will ask a different question about Finland and Finnish lifestyle every Friday on its official Twitter account @foreignerfi

Finland

PANDEMIC

Finnish economy heads for another recession quarter

The Nomad Today 10/18/20

Output of the national economy fell by 3.3% in August.

Economy & Business

PANDEMIC

IMF: Global economy to shrink less than expected this year

The Nomad Today/dpa 10/13/20

The fund warned that recovery is not assured while the coronavirus continues to spread, forcing shutdowns and preventing economic activity from returning to normal.

World

NEW FORMATS

Research on auction theory nets US pair Nobel Prize in economics

The Nomad Today/dpa 10/12/20

Auctions are used to buy and sell a variety of goods and services, including electricity, financial assets, fishing quotas and carbon allowances.

Finland

ECONOMIC SURVEY

Government foresees disastrous end of year for Finnish economy

The Nomad Today 10/5/20

 Finland’s general government deficit will grow substantially this year to about 18 billion euros, or 7.7% of GDP. “The economy is at a turning point, as the epidemic has reared its head…