Consumer Confidence in Finland increased to -1.60 points in July from -3.90 points in June of 2020.

Consumer Confidence in Finland averaged -1.76 points from 1995 until 2020, reaching an all time high of 6.80 points in December of 2017 and a record low of -13.90 points in April of 2020. This page provides the latest reported value for - Finland Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Finland Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Finland

Consumer Confidence in Finland is expected to be -10.00 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 -4.50 in 12 months time. In the long-term, the Finland Consumer Confidence is projected to trend around -3.00 points in 2021 and 0.50 points in 2022, according to our econometric models.

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Finland Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -3.90 6.80 -13.90 1995 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-27 05:00 AM Apr -13.9 -7.1 -8.2
2020-05-27 05:00 AM May -9.0 -13.9 -11
2020-06-29 05:00 AM Jun -3.9 -9.0 -8.5
2020-07-27 05:00 AM Jul -1.6 -3.9 -4.2
2020-08-27 05:00 AM Aug -1.6
2020-09-28 05:00 AM Sep -10
2020-10-27 06:00 AM Oct
2020-11-27 06:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Finnish Consumer Morale Strongest in Over 1-1/2 Years
The Finnish consumer confidence indicator increased to -1.6 in July of 2020 from -3.9 in the previous month. This was the strongest consumer confidence since November 2018, as three out of four major components strengthened clearly from the previous month: expectations concerning their own (10.3 vs 8.7 in June), Finland's economy in 12 months (-8.4 vs -12.2), and intentions to spend money on durable goods in the next 12 months (-10.9 vs -14.9) while views on consumers’ own economy now were stable (at 2.8).
2020-07-27
Finnish Consumer Confidence Strongest in 11 Months
The Finnish consumer confidence indicator increased to -3.9 in June of 2020 from -9 in the previous month. This was the strongest consumer confidence since July last year, as all four major components strengthened clearly from the previous month: views on consumers’ own economy now (2.8 vs 1.5 in May), expectations concerning their own (8.7 vs 7.1), Finland's economy in 12 months (-12.2 vs -28.1), and intentions to spend money on durable goods in the next 12 months (-14.9 vs -16.6).
2020-06-29
Finnish Consumer Morale Improves in May
The Finnish consumer confidence indicator increased to -9 in May of 2020 from a record low of -13.9 in the previous month. All four major components strengthened clearly from the previous month: views on consumers’ own economy now (1.5 vs -0.3 in April), expectations concerning their own (7.1 vs 2.3), Finland's economy in 12 months (-28.1 vs -30.8), and intentions to spend money on durable goods in the next 12 months (-16.6 vs -27.6).
2020-05-27
Finnish Consumer Morale Weakest in Over 4 Years
The Finnish consumer confidence indicator declined to -7.1 in March 2020, the lowest level since December 2015, as expectations concerning Finland's economy weakened sharply and intentions to acquire durable goods decreased. In contrast, views on one’s own economy at present and in the near future improved somewhat. Statistics Finland noted that the majority of responses were received before March 13th, that is, prior to the government’s restrictive measures related to the coronavirus pandemic.
2020-03-27

Finland Consumer Confidence
In Finland, the Statistics of Finland consumer survey expresses consumers’ views and intentions relating to economic matters. The data system of Statistics Finland’s consumer survey is comprised of respondent-specific original data from phones interviews, which may not be disclosed, and published data concerning reply distributions and time series. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend.