Cooling of the Finnish economy could already be seen in autumn 2019. The Finnish economy has suffered seriously from the corona pandemic during the first half of 2020 and the contracting global economy shadows the outlook of the export-driven economy. The restrictive domestic measures have lowered domestic consumption especially within the service sector. Household and business confidence have clearly weakened. However, economic growth has not contracted as dramatically as in many other European countries. During the second quarter, the economy shrank by 4.5% compared to the first quarter and, 6.4% compared to the ...
Register for unlimited accessWe work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!