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Appendix table 1. Consumers' views and intentions 1)

  Average 10/1995- Max. 10/1995- Min. 10/1995- 03/2019 02/2020 03/2020 Outlook 2)
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 -1.7 6.8 -12.8 -2.3 -4.5 -7.1 --
B1 Own economy now (balance) 3.1 8.6 -5.3 6.7 3.5 5.2 +
- Better (%) . . . . 24.2 27.4  
- Worse (%) . . . . 18.6 18.9  
B2 Own economy in 12 months' time (balance) 8.1 13.5 1.2 11.2 6.8 9.1 +
- Better (%) . . . . 24.8 29.7  
- Worse (%) . . . . 13.5 14.2  
B3 Finland's economy now (balance) -5.5 25.9 -66.5 0.9 -14.5 -20.8 -
- Better (%) . . . . 11.0 8.4  
- Worse (%) . . . . 35.3 42.2  
B4 Finland's economy in 12 months' time (balance) -1.6 20.3 -32.8 -8.4 -14.3 -25.8 --
- Better (%) . . . . 13.6 10.8  
- Worse (%) . . . . 37.1 52.4  
B5 Inflation now (per cent) 3.1 6.9 -2.7 2.7 2.8 2.4  
B6 Inflation in 12 months' time (per cent) 3.0 5.3 1.7 2.6 2.7 2.3  
B7 Unemployment in Finland in 12 months' time (balance) -10.0 20.3 -59.5 -1.5 -5.0 -19.7 -
- Less (%) . . . . 25.7 15.7  
- More (%) . . . . 32.5 46.8  
B8 Own threat of unemployment now (balance) -5.7 4.7 -25.1 0.4 -5.7 -8.1 -
- Decreased (%) . . . . 6.4 7.8  
- Increased (%) . . . . 16.4 21.1  
C1 Favourability of time for purchasing durables (balance) 19.9 43.5 -13.8 19.7 19.5 12.2 -
- Good time (%) . . . . 30.0 27.1  
- Bad time (%) . . . . 10.5 14.9  
C2 Favourability of time for saving (balance) 4.4 29.4 -28.5 20.8 19.9 13.7 +
- Good time (%) . . . . 65.5 60.8  
- Bad time (%) . . . . 33.1 37.2  
C3 Favourability of time for raising a loan (balance) 7.9 31.7 -60.4 12.5 23.4 11.9 +
- Good time (%) . . . . 68.3 59.5  
- Bad time (%) . . . . 29.9 38.7  
D1 Own financial situation now (balance) 21.5 31.0 6.4 26.4 28.4 29.7 ++
- Money is saved (%) . . . . 60.4 62.5  
- Uses savings or gets into debt (%) . . . . 9.5 10.4  
D2 Own saving possibilities in the next 12 months (balance) 39.7 53.6 9.8 49.8 48.3 49.4 +
- Can save (%) . . . . 76.5 78.2  
- Cannot save (%) . . . . 23.3 21.2  
D5 Intention to raise a loan in the next 12 months (% of consumers) 15.4 21.1 10.5 16.4 19.9 21.1 ++
- Yes, absolutely (%) . . . . 5.3 5.7  
- Possibly (%) . . . . 14.6 15.5  
E1 Spending on durables, next 12 months vs. last 12 months (balance) -16.3 -9.7 -26.2 -18.7 -14.0 -17.0 =
- More (%) . . . . 14.8 13.6  
- Less (%) . . . . 32.5 35.6  
E2 Intention to buy a car in the next 12 months (% of consumers) 14.3 19.2 10.1 16.0 13.9 14.5 =
- Very likely (%) . . . . 4.9 4.9  
- Quite likely (%) . . . . 9.0 9.6  
E4 Intention to buy a dwelling in the next 12 months (% of consumers) 12.5 16.5 9.1 12.8 14.4 14.3 ++
- Yes, absolutely (%) . . . . 4.6 4.2  
- Possibly (%) . . . . 9.8 10.1  
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) 17.4 26.0 8.1 19.4 18.7 22.1 ++
- Very likely (%) . . . . 6.3 7.4  
- Quite likely (%) . . . . 12.5 14.7  
1) Period 10/1995–04/2019: information on response distributions cannot be presented – only the (revised) balance figures, inflation estimates and some percentage shares are published.
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.

Source: Consumer Confidence 2020, March. Statistics Finland

Inquiries: Pertti Kangassalo 029 551 3598, Tuomas Parikka 029 551 3276, consumer.confidence@stat.fi

Director in charge: Jari Tarkoma


Updated 27.3.2020

Referencing instructions:

Official Statistics of Finland (OSF): Consumer Confidence [e-publication].
ISSN=2669-8889. March 2020, Appendix table 1. Consumers' views and intentions 1) . Helsinki: Statistics Finland [referred: 17.12.2024].
Access method: http://www.stat.fi/til/kbar/2020/03/kbar_2020_03_2020-03-27_tau_001_en.html