The Finnish consumer confidence indicator declined to -4.6 in January 2020 from -4.2 in the previous month, as expectations regarding unemployment (-10.9 vs -10.2 in December); saving possibilities (13.7 vs 15.3) and their current financial situation (26.5 vs 28.8) deteriorated. Additionally, intentions to spend money on durable goods weakened (-18.2 vs -15.9). Meanwhile, households' views on their own economy in 12 months (8.9 vs 8.5); the country's current economy (-12.0 vs -14.7); and the country's economic outlook (-14.4 vs -15.6) improved.
Consumer Confidence in Finland averaged 11.11 points from 1995 until 2020, reaching an all time high of 24.10 points in May of 2017 and a record low of -6.60 points in October of 2019. 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. source: Statistics Finland
Consumer Confidence in Finland is expected to be -2.90 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 -0.90 in 12 months time. In the long-term, the Finland Consumer Confidence is projected to trend around 1.50 points in 2021 and 0.50 points in 2022, according to our econometric models.