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.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Finland Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-4.60 -4.20 24.10 -6.60 1995 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-10-28 06:00 AM Oct -6.6 -4.2 -4.7
2019-11-27 06:00 AM Nov -5.0 -6.6 -5.3
2019-12-27 06:00 AM Dec -4.2 -5.0 -5.7
2020-01-27 06:00 AM Jan -4.6 -4.2 -3.5
2020-02-27 06:00 AM Feb -4.6 -3.2
2020-03-27 06:00 AM Mar -2.9
2020-04-27 05:00 AM Apr
2020-05-27 05:00 AM May


News Stream
Finnish Consumer Morale Weakens in January
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.
2020-01-27
Finnish Consumer Morale Improves in December
The Finnish consumer confidence indicator increased to -4.2 in December 2019 from -5.0 in the previous month. This was the strongest consumer confidence since September, as improvement were seen in households' views on country's economic outlook (-15.6 vs -19.7 in November); assessment over the country's current economy (-14.7 vs -16.0); and expectations on unemployment (-10.2 vs -12.9). Also, intentions to spend money on durable goods were higher than average in November (16.5 vs15.1). Meantime, both of households' views on own economy (8.5 vs 9.0) and expectations on saving possibilities (47.3 vs 50.5) weakened.
2019-12-27
Finnish Consumer Morale Improves in November
The Finnish consumer confidence indicator increased to -5.0 in November 2019 from -6.6 in the previous month. Both of households' views on own economy (9.0 vs 7.4) and judgment over the country's economic outlook (-19.7 vs -22.5) improved. Also, improvement were seen in expectations on saving possibilities (50.5 vs 47.7). Meantime, intentions to spend money on durable goods were lower than average in October (15.1 vs16.5) and deterioration were seen in their assessment over the country's current economy (-16.0 vs -15.9) while expectations on unemployment weakened (-12.9 vs -11.8).
2019-11-27
Finnish Consumer Morale Falls to Record Low
The Finnish consumer confidence indicator declined to -6.6 in October 2019 from -4.2 in the previous month. This was the weakest consumer confidence on record, amid a further deterioration in the country's economic outlook (-22.5 vs -20.7 in September) and current opinion about economic situation (-15.9 vs -14.9). Also, intentions to spend money on durable goods were lower than average in September (-16.5 vs -12.6). Meanwhile, consumers expect that the unemployment situation will soften in the future (-11.8 vs -12.2). The survey method was revised in May this year.
2019-10-28

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.