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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- 07/2020 06/2021 07/2021 Outlook 2)
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 -1.7 6.8 -13.9 -1.6 4.6 4.4 ++
B1 Own economy now (balance) 3.1 9.1 -5.3 2.8 7.6 9.1 ++
- Better (%) . . . 25.3 28.4 29.4  
- Worse (%) . . . 19.6 15.2 14.5  
B2 Own economy in 12 months' time (balance) 8.1 13.5 1.2 10.3 10.8 9.8 +
- Better (%) . . . 28.4 27.3 27.7  
- Worse (%) . . . 10.9 10.4 11.5  
B3 Finland's economy now (balance) -7.8 25.9 -66.5 -57.9 -25.6 -16.6 -
- Better (%) . . . 3.5 17.6 23.1  
- Worse (%) . . . 83.2 56.4 46.2  
B4 Finland's economy in 12 months' time (balance) -2.0 20.3 -32.8 -8.4 8.2 7.8 +
- Better (%) . . . 31.7 43.7 41.4  
- Worse (%) . . . 39.1 25.9 23.6  
B5 Inflation now (per cent) 3.1 6.9 -2.7 2.0 2.8 3.1  
B6 Inflation in 12 months' time (per cent) 2.9 5.3 1.7 2.3 2.8 2.9  
B7 Unemployment in Finland in 12 months' time (balance) -10.8 20.3 -59.5 -19.6 3.8 3.4 +
- Less (%) . . . 23.9 41.4 37.9  
- More (%) . . . 53.2 29.8 28.3  
B8 Own threat of unemployment now (balance) -6.4 4.7 -26.6 -21.1 -4.2 -2.9 +
- Decreased (%) . . . 4.1 9.3 10.7  
- Increased (%) . . . 34.9 16.5 15.9  
C1 Favourability of time for purchasing durables (balance) 19.5 43.5 -14.3 19.2 21.3 21.8 =
- Good time (%) . . . 34.9 35.2 34.2  
- Bad time (%) . . . 15.8 14.0 12.4  
C2 Favourability of time for saving (balance) 4.6 29.4 -28.5 4.6 18.3 20.4 ++
- Good time (%) . . . 51.3 64.2 65.1  
- Bad time (%) . . . 46.8 34.4 34.0  
C3 Favourability of time for raising a loan (balance) 7.4 31.7 -60.4 1.5 8.9 12.0 +
- Good time (%) . . . 50.8 58.3 60.1  
- Bad time (%) . . . 46.7 40.1 38.4  
D1 Own financial situation now (balance) 21.9 33.1 6.4 30.1 32.7 33.1 ++
- Money is saved (%) . . . 63.0 64.9 66.5  
- Uses savings or gets into debt (%) . . . 10.7 9.3 8.9  
D2 Own saving possibilities in the next 12 months (balance) 40.1 53.6 9.8 48.7 48.9 50.6 +
- Can save (%) . . . 77.2 77.1 77.9  
- Cannot save (%) . . . 22.4 22.5 22.1  
D5 Intention to raise a loan in the next 12 months (% of consumers) 15.6 24.2 10.5 18.6 18.7 17.8 ++
- Yes, absolutely (%) . . . 4.4 5.4 3.8  
- Possibly (%) . . . 14.2 13.3 14.0  
E1 Spending on durables, next 12 months vs. last 12 months (balance) -16.1 -6.9 -26.7 -10.9 -8.3 -9.2 ++
- More (%) . . . 16.3 17.6 17.2  
- Less (%) . . . 28.5 26.6 27.4  
E2 Intention to buy a car in the next 12 months (% of consumers) 14.3 19.2 10.1 17.9 18.3 16.3 ++
- Very likely (%) . . . 5.3 5.0 5.1  
- Quite likely (%) . . . 12.6 13.3 11.2  
E4 Intention to buy a dwelling in the next 12 months (% of consumers) 12.7 18.1 9.1 17.1 15.0 16.3 ++
- Yes, absolutely (%) . . . 5.2 5.1 4.3  
- Possibly (%) . . . 11.9 10.0 12.0  
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) 17.6 26.0 8.1 22.9 22.3 23.6 ++
- Very likely (%) . . . 9.3 8.6 6.9  
- Quite likely (%) . . . 13.6 13.7 16.6  
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 2021, July. Statistics Finland

Inquiries: Pertti Kangassalo 029 551 3598, Tara Junes 029 551 3322, consumer.confidence@stat.fi

Head of Department in charge: Hannele Orjala


Updated 27.7.2021

Referencing instructions:

Official Statistics of Finland (OSF): Consumer Confidence [e-publication].
ISSN=2669-8889. July 2021, Appendix table 1. Consumers' views and intentions 1) . Helsinki: Statistics Finland [referred: 17.5.2022].
Access method: http://www.stat.fi/til/kbar/2021/07/kbar_2021_07_2021-07-27_tau_001_en.html