This report examines whether Google search queries can be used to predict the present and the near future house prices in Finland. Compared to a simple benchmark model, Google searches improve the prediction of the present house price index by 7.5 % measured by mean absolute error. In addition,...

Tässä raportissa tarkastellaan aineettomien investointien eriä Tilastokeskuksen mikroaineistoilla. Jo yritystasolla aineettomat investoinnit ovat suurempia kuin aineelliset ja niiden huomioiminen muuttaa käsityksiämme monista perussuureista: esimerkiksi yrityssektorin arvonlisäyksen taso...

Talouden kehitystä kuvaavat tilastoaineistot valmistuvat viiveellä, ja tilastojen lukuja tarkennetaan eli revisioidaan lähdeaineistojen täydentyessä ja tarkentuessa. Tässä artikkelissa tarkastellaan kansantalouden neljännesvuositilinpidon tavaroiden ja palveluiden tilin (entinen...

In the report we analyse the reasons for the weakness of Finland’s economic performance over the past decade and assess the growth prospects in the coming 5 years. The weakness of Finland’s performance relative to comparative EU-countries since 2009 can largely be explained by the collapse...

Postal service volumes have diminished and the profitability of postal and courier activities has weakened in Finland in recent years. The study evaluates the development of the service volumes, profitability and employment of postal and courier activities until 2020. The distribution volumes of...

There are over 3 billion searches globally on Google every day. This report examines whether Google search queries can be used to predict the present and the near future unemployment rate in Finland. Predicting the present and the near future is of interest, as the official records of the state...

The share of private consumption in gross domestic product is significant; therefore, private consumption has a great influence on economic growth, which makes it a major concept in economics. The purpose of the paper is to estimate and evaluate different forecasting models for private...