Tag: Price
Electricity companies: High spot prices make the customer contract change
The fewer spot price customers there are, the less people will limit usage on days when prices are high. This can increase prices on days when supply and demand are out of balance.
The Finnish housing market sees an explosion in buyer interest, predicts steady growth for 2024
In the capital region, especially in Helsinki, Espoo, Vantaa and Tampere, demand is growing strongly, especially for small apartments and detached houses in good condition. This demand has raised a new normal level and is expected to bring balance to the market. Despite the challenging year 2023, when new production shrank, sales of old apartments…
Inflation in Finland accelerated to 3.6 percent in December
Inflation began to pick up after sustained low inflation in 2021 and eventually peaked at 9.1 percent in November and December 2022. According to Statistics Finland, consumer prices rose from the previous year, especially due to the higher average interest rate on mortgages, interest on consumer loans and the price of ready-made trips outside the…
Signs of stabilization in food price inflation – Up 9% in the previous year
In December, food prices were 2.3% higher than the previous year, with a monthly change of -0.92%, meaning that in December food cost a little less on average than in November. Last year, both in the euro area and in the EU as a whole, food prices continued to rise faster than in Finland. Over…
Inflation accelerates to 3.6 percent in December, and the average inflation in 2023 is 6.2 percent
The price increase in December was influenced by the increase in the prices of mortgages, consumer loans and ready-made trips.
Electricity prices are modest at the beginning of the week
Temperatures will drop next week, but electricity spot prices will not rise on Monday.
They are fighting over expensive sports broadcasts when Viaplay is in crisis
The market for TV rights is huge. In the Nordics, it has gone from frying to freezing cold. This week, Viaplay, which bought several expensive sports rights, was saved from bankruptcy. And while it is unclear which companies will broadcast the Allsvenskan and the Champions League in the future, higher prices are likely to be…
Kuluttajaliitto urges the government to intervene in “reasonable” electricity prices
The spike was caused by cold weather and disturbances at several power plants in Finland. “Many consumers are really upset that the highest possible spot prices are possible, because electricity is generally produced much cheaper. Our electricity production has also recently increased to such an extent that we are theoretically self-sufficient,” he told the public…
The month-long maintenance of OL3 raises fears about energy price increases
The first annual maintenance of the Olkiluoto 3 nuclear reactor will be done in March, but one energy expert told Yle that the Finnish market plans for such conditions well in advance.
Thursday's papers: Faulty electricity market, SPP earthquake and defense ministry rejections
Finland's current electricity market leads to huge price fluctuations, says an expert.
The use of public transport has decreased – the prices are increasing
During covid, the use of metro, trains and buses plummeted. Passengers have not returned as before and are instead finding alternatives to their usual commute. The full version of this article is only available to subscribers. Already a subscriber, log in here: sign in Forgot your password? Get unlimited access to all of The Copenhagen…
Sven-Göran Eriksson – incurable optimist to the last
A year ago, Sven-Göran Eriksson announced that he needed to take a break from his football duties due to health reasons. Now, for the first time, he chooses to talk openly about the incurable cancer he has in the pancreas, and about the time he has left. “Football has come before everything else in life”…
Tuesday's papers: Skyrocketing electricity prices, Swedish service and free sorrel
Last Friday's extreme electricity prices may repeat in Finland, according to Kauppalehti.
The value of lunch vouchers increases, but so does the price of lunch
Head to a restaurant for lunch and you might be in for a surprise: your meal will cost more than last month.
The spot price of electricity will rise slightly on Monday
The spot price of electricity has fallen from Friday's record high, but prices are still relatively high.
Electricity spot prices will decrease on Sunday
After Friday's record high prices, the spot price of electricity is falling back to a lower price this weekend.
The record high electricity spot prices are falling
Prices above €2/kWh on the electricity exchange will drop drastically on Saturday, but will remain well above the normal level.
The rising cost of food will accelerate December's inflation
According to Statistics Finland's preliminary data, food prices rose by more than 3 percent last month from a year ago.
The spot market price of electricity rose to a record 2.35 €/kWh on Friday
The increase in prices is largely due to the increased demand for electricity caused by the extreme cold, but also due to local power plant shutdowns.
The price of electricity in Finland will return to normal in 2023, which is 64% less than the previous year
The increase in wind power capacity and the start of operation of the Olkiluoto 3 nuclear power plant have played a key role in Finland's electricity self-sufficiency since the spring. Despite the stabilization, short-term price fluctuations have been greater than before, which is mainly due to the growing share of wind power in the energy…
Electricity spot prices level off after the new year's rise
The electricity price increase on January 1 leaked to the first business day of the year. However, prices are expected to return to a more affordable level in the middle of the week.
The cold weather triggers an increase in the price of electricity
On Tuesday morning, electricity is more expensive than usual.
The average price of a movie ticket is now €13
The average movie ticket cost 13.05 euros at the end of last year.
In 2023, the price of electricity fell by 64% from last year
There were 467 hours of negative electricity prices during the year, which is clearly more than ever before.
Apartment prices rise every month, but still fall from the previous year
The increase at the end of the year may be due to first-time buyers rushing to take advantage of the tax exemption that ends in January.
Win a pallet of fireworks worth CZK 243,000
On Thursday, we announced a promotion for fireworks in our store, which will be open every day from 10:00 to 22:00. You can check our promotional prices in the online price list – HERE. Rúnar Ólafsson, owner of the Stóri Flugeldamarkaðurinn store, says Icelanders' love for fireworks has not diminished in recent years. Last year,…
Win a pallet of fireworks worth CZK 243,500
On Thursday, we announced a promotion for fireworks in our store, which will be open every day from 10:00 to 22:00. You can check our promotional prices in the online price list – HERE. Rúnar Ólafsson, owner of the Stóri Flugeldamarkaðurinn store, says Icelanders' love for fireworks has not diminished in recent years. Last year,…
Bus ticket prices will increase by 11 percent
As reported by Viðskiptablaðið, Strætó, the public transport company that operates city buses in the Reykjavik Capital Region, has announced a new pricing structure. The change will come into force on January 8, and bus ticket prices will increase by an average of 11 percent. A single ride will now cost ISK 630. Currently it…
Hidden fees in online car evaluation services in Finland
Despite ECC-Net's efforts to resolve these issues through mediation, the company has not responded to inquiries. Registered at the beginning of September 2023, Autoasihinta.fiThe company's business practices seem to be a typical service with a 14-day right of cancellation according to the Finnish Consumer Protection Act. According to the law, the consumer is not obliged…
The popularity of the value areas of Helsinki and Espoo is increasing with the decrease in housing prices
However, some areas of Helsinki, such as Vuosaare and Laajasalo, have seen their appeal wane. On the other hand, Espoo's Souka district has become desirable due to the expansion of Länsimetro (Länsimetro). Another large Finnish city, Oulu, has experienced its own transformation. Outer areas, such as Oulunsalo, have emerged as new hotspots that deviate from…