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Sherman A1

(38,958 posts)
Mon Apr 25, 2022, 08:26 AM Apr 2022

Survey: Finns' confidence in economy weakening

Nearly half of respondents say they are postponing buying or renovating apartments or holiday homes due to rising interest rates and the global political situation.

YLE NEWS
25.4. 04:06

Feelings of economic uncertainty are increasing among people in Finland, according to the results of a survey commissioned by lobby group Finance Finland (FFI).

Some 45 percent of respondents said they had postponed or entirely abandoned their investment plans due to an increase in prices, rising interest rates and the global political situation.

The examples of postponed purchases cited by respondents included the renovation of an apartment or the purchase of a new holiday home.

The younger age groups and women were more likely to respond that they had shelved their plans.

https://yle.fi/news/3-12416331

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