The Finnish consumer confidence indicator rose to -8.8 in May 2023, pointing to the fifteenth straight month of negative reading, and following a -7.9 in the previous month. Consumers’ assessments of Finland’s economy over the next 12 months were less pessimistic (-37.7 vs -44), while expectations of own economy worsened (5.5 vs 7.6). Meanwhile, the possibilities to save weakened (40.3 vs 43.8), while the time in spending money on durable goods continued to deteriorate (-24.8 vs -23.8). Additionally, inflation expectations over the next 12 months remained unchanged at 4.9, while current inflation expectations edged up (8.2 vs 8.1). source: Statistics Finland
Consumer Confidence in Finland averaged -2.21 points from 1995 until 2023, reaching an all time high of 6.80 points in December of 2017 and a record low of -18.50 points in December of 2022. 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 June of 2023.
Consumer Confidence in Finland is expected to be -7.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Consumer Confidence is projected to trend around -2.00 points in 2024 and 1.00 points in 2025, according to our econometric models.