Published: 01:49 am,Wednesday 8 February 2023
Trade balance posts €10.8b deficit in 2022
The trade deficit increased significantly in 2022 when compared to previous years, according to preliminary data on the international trade in goods published by Finnish Customs on Tuesday. The trade balance showed a deficit of 10.8 billion euros in 2022. The deficit in the trade with EU countries was
Published: 02:31 am,Wednesday 8 February 2023
New car registration drops by 9% in Jan
A total of 7,175 new passenger cars were registered in January 2023, which was 9 per cent fewer than one year earlier, according to Statistics Finland. In all, 12,357 new vehicles were registered in January. First registrations decreased by 11 per cent from the corresponding month of the previous
Published: 17:36 pm,Tuesday 7 February 2023
Sea transport increased 2% in December
The goods volume of foreign sea transport was in total 8.1 million tonnes in December 2022. Sea transport increased by 2 per cent from December 2021, according to Statistics Finland's preliminary data. Exports decreased by 10 per cent and were 3.9 million tonnes. Import volume increased by 17 per
Published: 05:07 am,Friday 3 February 2023
ECB hikes interest rates again in anti-inflation bid
The European Central Bank on Thursday announced a large half-point interest rate hike to combat inflation and said it intended to do the same in March, reported DW, quoting news agencies AFP, dpa, Reuters and AP. The rise takes the rate it pays on bank deposits to 2.5%, in
Published: 04:43 am,Friday 3 February 2023
Trade balance posts €324m surplus in Nov
The trade balance showed a surplus of EUR 324 million in November 2022, according to the international trade in goods statistics provided by Finnish Customs. In January-November 2022, the trade balance had an aggregated deficit of EUR 10.1 billion. The deficit was EUR 6.3 billion higher than in the
Published: 11:59 am,Thursday 2 February 2023
Electric cars reach peak EU market share in 2022
Battery electric vehicles have climbed to a record share of new car sales in the EU, albeit still a modest 12.1%. In the last quarter, alternatively-powered vehicles outsold petrol and diesel for the first time, reported DW, quoting news agencies AFP and dpa. The number of battery electric vehicles
Published: 22:57 pm,Wednesday 1 February 2023
Hard coal consumption rises by 10% in 2022
The consumption of hard coal increased by 10 per cent in 2022 compared to the previous year, according to Statistics Finland's preliminary data. The consumption of hard coal as a fuel in the generation of electricity and heat and in manufacturing amounted to 2,015 thousand tonnes, corresponding to 51
Published: 21:11 pm,Wednesday 1 February 2023
Finnair stops in-flight, pre-order retail sales
National flag carrier Finnair is discontinuing both in-flight and pre-order retail sales of cosmetics, accessories, gifts and other retail products this spring, said Finnair in a press release. Passengers, however, can continue pre-ordering meals and buying snacks and beverages on board. Finnair Plus members can also continue to buy Finnair
Published: 23:08 pm,Tuesday 31 January 2023
Finland's first dry port Kouvola RRT ready
The Kouvola Rail and Road Terminal is now finished. The intermodal terminal's specialty are the kilometre-long loading tracks, which bring efficiency to the handling of freight trains, said a city corporation press release. The project fell nearly six million euros under the original cost estimate. The terminal is located
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