The Finnish consumer confidence indicator rose to -3.9 in July 2019 from -4.6 in the previous month. Improvements were seen in households' views on own economy (7.6 vs 6.3 in June) and their own financial conditions (30.1 vs 26.2). Meantime, household's views on saving possibilities was unchanged (at 45.9) while their assessment over the country's current economy weakened sharply (-4.5 vs 0.5) and both their judgment over the country's economic outlook (-14.8 vs -13.9) and unemployment (-3.7 vs -1.9) became more negative. Consumer Confidence in Finland averaged 11.45 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 -3.00 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 -2.20 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.