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Latest publication: Consumer Confidence 2022, March

Appendix table 1. Consumers' views and intentions 1)

  Average 10/1995- Max. 10/1995- Min. 10/1995- 10/2019 09/2020 10/2020 Outlook 2)
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 -1.8 6.8 -13.9 -6.6 -5.9 -6.9 --
B1 Own economy now (balance) 3.1 8.6 -5.3 5.2 2.3 3.9 +
- Better (%) . . . 26.6 23.3 23.8  
- Worse (%) . . . 18.0 20.6 18.1  
B2 Own economy in 12 months' time (balance) 8.0 13.5 1.2 7.4 7.0 6.7 -
- Better (%) . . . 26.4 27.3 25.6  
- Worse (%) . . . 14.4 15.2 15.2  
B3 Finland's economy now (balance) -6.8 25.9 -66.5 -15.9 -57.7 -61.0 --
- Better (%) . . . 9.2 2.2 2.9  
- Worse (%) . . . 37.4 84.2 87.5  
B4 Finland's economy in 12 months' time (balance) -2.0 20.3 -32.8 -22.5 -18.1 -24.9 --
- Better (%) . . . 9.9 24.6 20.5  
- Worse (%) . . . 48.1 46.1 52.2  
B5 Inflation now (per cent) 3.1 6.9 -2.7 2.6 2.0 2.0  
B6 Inflation in 12 months' time (per cent) 2.9 5.3 1.7 2.7 2.2 2.4  
B7 Unemployment in Finland in 12 months' time (balance) -10.6 20.3 -59.5 -11.8 -39.9 -45.5 --
- Less (%) . . . 19.5 13.0 12.2  
- More (%) . . . 39.9 70.6 76.3  
B8 Own threat of unemployment now (balance) -6.2 4.7 -26.6 -6.4 -22.1 -20.8 --
- Decreased (%) . . . 6.8 4.4 4.0  
- Increased (%) . . . 17.9 37.7 33.8  
C1 Favourability of time for purchasing durables (balance) 19.6 43.5 -14.3 16.5 9.7 11.2 -
- Good time (%) . . . 28.3 27.6 29.2  
- Bad time (%) . . . 11.9 17.9 18.0  
C2 Favourability of time for saving (balance) 4.3 29.4 -28.5 14.5 6.7 5.7 =
- Good time (%) . . . 61.0 53.5 53.1  
- Bad time (%) . . . 36.3 45.6 45.8  
C3 Favourability of time for raising a loan (balance) 7.5 31.7 -60.4 18.7 -6.5 -5.9 -
- Good time (%) . . . 64.6 43.7 44.1  
- Bad time (%) . . . 33.4 54.2 53.6  
D1 Own financial situation now (balance) 21.7 31.0 6.4 29.4 30.0 30.9 ++
- Money is saved (%) . . . 61.9 63.4 64.9  
- Uses savings or gets into debt (%) . . . 10.1 10.4 9.0  
D2 Own saving possibilities in the next 12 months (balance) 39.8 53.6 9.8 47.7 47.6 49.3 +
- Can save (%) . . . 76.2 77.0 77.3  
- Cannot save (%) . . . 23.6 22.5 22.6  
D5 Intention to raise a loan in the next 12 months (% of consumers) 15.5 22.1 10.5 20.2 22.1 19.3 ++
- Yes, absolutely (%) . . . 6.3 6.2 5.1  
- Possibly (%) . . . 13.9 15.9 14.2  
E1 Spending on durables, next 12 months vs. last 12 months (balance) -16.3 -9.7 -26.7 -16.5 -14.8 -13.4 +
- More (%) . . . 12.6 13.6 14.1  
- Less (%) . . . 34.0 32.3 30.8  
E2 Intention to buy a car in the next 12 months (% of consumers) 14.3 19.2 10.1 17.9 15.8 16.0 +
- Very likely (%) . . . 6.5 5.0 4.8  
- Quite likely (%) . . . 11.4 10.7 11.2  
E4 Intention to buy a dwelling in the next 12 months (% of consumers) 12.6 17.9 9.1 15.6 17.9 15.2 ++
- Yes, absolutely (%) . . . 5.4 6.1 4.7  
- Possibly (%) . . . 10.2 11.8 10.5  
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) 17.4 26.0 8.1 19.7 20.5 21.4 ++
- Very likely (%) . . . 7.5 7.1 6.6  
- Quite likely (%) . . . 12.2 13.4 14.8  
1) Period 10/1995–04/2019: information on response distributions cannot be presented – only the (revised) balance figures, inflation estimates and some percentage shares are published.
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.

Source: Consumer Confidence 2020, October. Statistics Finland

Inquiries: Pertti Kangassalo 029 551 3598, Tuomas Parikka 029 551 3276, consumer.confidence@stat.fi

Head of Department in charge: Hannele Orjala


Updated 27.10.2020

Referencing instructions:

Official Statistics of Finland (OSF): Consumer Confidence [e-publication].
ISSN=2669-8889. October 2020, Appendix table 1. Consumers' views and intentions 1) . Helsinki: Statistics Finland [referred: 21.5.2022].
Access method: http://www.stat.fi/til/kbar/2020/10/kbar_2020_10_2020-10-27_tau_001_en.html