Business cycle Consumer confidence fell to its weakest in measurement history in June, ‘a clear threat to the economy from at least a short-term recession’

In June, three quarters of consumers thought that Finland’s economic situation was now worse than a year ago.
Consumers In June, financial confidence weakened to the weakest in the entire measurement history, according to Statistics Finland. The history of measurement begins in 1995.
Three-quarters of consumers thought that Finland’s economic situation was now worse than a year ago. Expectations of inflation rose higher and higher after a year.
Consumers still rated their own financial situation as good in June.