Finn's Consumer confidence plummets to record low
The last time Finns' confidence dipped this low was during the country's pandemic shutdown and financial crisis over a decade ago.
YLE NEWS
28.3. 06:51
Consumer confidence plummeted in March to the third-lowest level since recordkeeping began, according to a report published on Monday by Statistics Finland.
The number-crunching agency began measuring consumer confidence in 1995, and has only reported lower levels in April 2020 and at the end of 2008.
The agency found that its consumer confidence indicator (CCI) dropped in March, coinciding with Russia's military assault on Ukraine.
"It is typical for consumer confidence to falter in the midst of a crisis," Statistics Finland senior statistician Pertti Kangasalo told Yle News.
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