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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- 11/2019 10/2020 11/2020 Outlook 2)
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 -1.8 6.8 -13.9 -5.0 -6.9 -4.8 -
B1 Own economy now (balance) 3.1 8.6 -5.3 4.9 3.9 1.6 -
- Better (%) . . . 26.4 23.8 22.2  
- Worse (%) . . . 18.3 18.1 19.3  
B2 Own economy in 12 months' time (balance) 8.0 13.5 1.2 9.0 6.7 7.8 =
- Better (%) . . . 27.6 25.6 25.5  
- Worse (%) . . . 12.8 15.2 13.1  
B3 Finland's economy now (balance) -7.0 25.9 -66.5 -16.0 -61.0 -54.9 --
- Better (%) . . . 10.1 2.9 3.1  
- Worse (%) . . . 38.8 87.5 83.5  
B4 Finland's economy in 12 months' time (balance) -2.1 20.3 -32.8 -19.7 -24.9 -14.4 --
- Better (%) . . . 10.3 20.5 25.5  
- Worse (%) . . . 43.8 52.2 42.6  
B5 Inflation now (per cent) 3.1 6.9 -2.7 2.5 2.0 2.1  
B6 Inflation in 12 months' time (per cent) 2.9 5.3 1.7 2.4 2.4 2.2  
B7 Unemployment in Finland in 12 months' time (balance) -10.7 20.3 -59.5 -12.9 -45.5 -31.8 --
- Less (%) . . . 15.9 12.2 17.6  
- More (%) . . . 39.0 76.3 65.3  
B8 Own threat of unemployment now (balance) -6.3 4.7 -26.6 -5.1 -20.8 -16.6 --
- Decreased (%) . . . 6.7 4.0 6.5  
- Increased (%) . . . 15.4 33.8 32.0  
C1 Favourability of time for purchasing durables (balance) 19.6 43.5 -14.3 15.1 11.2 11.4 -
- Good time (%) . . . 26.5 29.2 27.7  
- Bad time (%) . . . 11.4 18.0 16.3  
C2 Favourability of time for saving (balance) 4.3 29.4 -28.5 15.2 5.7 3.5 =
- Good time (%) . . . 61.7 53.1 50.7  
- Bad time (%) . . . 36.5 45.8 48.2  
C3 Favourability of time for raising a loan (balance) 7.5 31.7 -60.4 19.6 -5.9 -2.6 -
- Good time (%) . . . 64.8 44.1 47.4  
- Bad time (%) . . . 33.2 53.6 50.0  
D1 Own financial situation now (balance) 21.7 31.0 6.4 27.4 30.9 29.7 ++
- Money is saved (%) . . . 59.7 64.9 62.6  
- Uses savings or gets into debt (%) . . . 11.4 9.0 10.3  
D2 Own saving possibilities in the next 12 months (balance) 39.9 53.6 9.8 50.5 49.3 47.2 +
- Can save (%) . . . 78.6 77.3 76.2  
- Cannot save (%) . . . 21.1 22.6 23.6  
D5 Intention to raise a loan in the next 12 months (% of consumers) 15.5 22.1 10.5 20.4 19.3 17.8 ++
- Yes, absolutely (%) . . . 5.7 5.1 5.2  
- Possibly (%) . . . 14.7 14.2 12.6  
E1 Spending on durables, next 12 months vs. last 12 months (balance) -16.3 -9.7 -26.7 -13.9 -13.4 -14.4 +
- More (%) . . . 16.0 14.1 12.9  
- Less (%) . . . 33.4 30.8 31.2  
E2 Intention to buy a car in the next 12 months (% of consumers) 14.3 19.2 10.1 16.7 16.0 14.8 +
- Very likely (%) . . . 5.6 4.8 4.7  
- Quite likely (%) . . . 11.1 11.2 10.1  
E4 Intention to buy a dwelling in the next 12 months (% of consumers) 12.6 17.9 9.1 15.5 15.2 16.4 ++
- Yes, absolutely (%) . . . 5.0 4.7 5.3  
- Possibly (%) . . . 10.5 10.5 11.1  
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) 17.4 26.0 8.1 21.3 21.4 20.6 +
- Very likely (%) . . . 8.2 6.6 6.9  
- Quite likely (%) . . . 13.1 14.8 13.7  
1) Long-term average, maximum and minimum figures cannot be presented for response distributions.
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.

Source: Consumer Confidence 2020, November. 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 27.11.2020

Referencing instructions:

Official Statistics of Finland (OSF): Consumer Confidence [e-publication].
ISSN=2669-8889. November 2020, Appendix table 1. Consumers' views and intentions 1) . Helsinki: Statistics Finland [referred: 19.5.2022].
Access method: http://www.stat.fi/til/kbar/2020/11/kbar_2020_11_2020-11-27_tau_001_en.html