Month: August 2025

Finnish Commerce Federation: The budget session to make decisions to support growth and purchasing power 

The Finnish Commerce Federation emphasises the importance of the decisions made during the budget session in strengthening economic growth and purchasing power. The government must promote private consumption and support the introduction of innovations and economic reform. In addition, effective measures are needed to combat unfair competition in e-commerce and to streamline regulations in order to secure the competitiveness and renewal of the commerce sector. 

The turnaround in the growth of commerce will be postponed to next year

According to the Finnish Commerce Federation’s forecast, the growth of commerce will only start to show next year when geopolitical changes keep both consumers and wholesale trade customer companies cautious. Although the declining employment situation has increased the caution of consumers, the increasing purchasing power is gradually starting to be reflected in retail sector sales. However, the employment rate of the private sector’s by far largest employer, commerce, continues to decline. Political decision-makers should remember that significant growth in employment is difficult to achieve without vital commerce and other service sectors.