The Finnish consumer confidence indicator increased to 16.1 in March of 2019 from 15.5 in the previous month. Consumers’ expectations improved for consumers' own economy (10.2 from 8.4), and Finland’s economy (-4.0 from -5.8). Meanwhile, both consumers’ views about saving possibilities (51.8 from 52.3) and unemployment (6.3 from 7.2) deteriorated. The long-term average for the index is 17.2. Consumer Confidence in Finland averaged 12.69 Index Points from 1995 until 2019, reaching an all time high of 25.80 Index Points in February of 2018 and a record low of -6.50 Index Points in December of 2008.
Consumer Confidence in Finland is expected to be 18.80 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 20.50 in 12 months time. In the long-term, the Finland Consumer Confidence is projected to trend around 11.00 Index Points in 2020, according to our econometric models.