The Finnish consumer confidence indicator increased to -4.2 in September 2019 from -4.5 in the previous month, as intentions to spend money on durable goods were higher than average in August (-12.6 vs -14.4) and improvement were seen in households' views on own economy (8.5 vs 6.5). Meanwhile, both of their assessment over the country's current economy (-14.9 vs -7.2 in August) and judgment over the country's economic outlook (-20.7 vs -15.7) weakened. Also, the expectations on unemployment decreased (-12.2 vs -5.3). Consumer Confidence in Finland averaged 11.34 Index Points from 1995 until 2019, reaching an all time high of 24.10 Index Points in May of 2017 and a record low of -6.50 Index Points in December of 2008.
Consumer Confidence in Finland is expected to be -5.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Finland to stand at -2.30 in 12 months time. In the long-term, the Finland Consumer Confidence is projected to trend around 1.00 Index Points in 2020, according to our econometric models.