Appendix table 1. Consumers' views and intentions 1)
Average 10/1995- | Max. 10/1995- | Min. 10/1995- | 05/2019 | 04/2020 | 05/2020 | Outlook 2) | |
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 | -1.7 | 6.8 | -13.9 | -1.8 | -13.9 | -9.0 | -- |
B1 Own economy now (balance) | 3.1 | 8.6 | -5.3 | 7.9 | -0.3 | 1.5 | - |
- Better (%) | . | . | . | 29.9 | 20.2 | 24.4 | |
- Worse (%) | . | . | . | 17.5 | 20.8 | 20.6 | |
B2 Own economy in 12 months' time (balance) | 8.0 | 13.5 | 1.2 | 9.4 | 2.3 | 7.1 | - |
- Better (%) | . | . | . | 28.6 | 23.6 | 26.9 | |
- Worse (%) | . | . | . | 13.0 | 20.6 | 16.9 | |
B3 Finland's economy now (balance) | -5.9 | 25.9 | -66.5 | 5.7 | -59.8 | -64.8 | -- |
- Better (%) | . | . | . | 29.2 | 4.0 | 3.2 | |
- Worse (%) | . | . | . | 18.0 | 82.5 | 86.8 | |
B4 Finland's economy in 12 months' time (balance) | -1.8 | 20.3 | -32.8 | -9.4 | -30.8 | -28.1 | -- |
- Better (%) | . | . | . | 13.8 | 27.1 | 25.6 | |
- Worse (%) | . | . | . | 30.8 | 61.0 | 56.7 | |
B5 Inflation now (per cent) | 3.1 | 6.9 | -2.7 | 2.6 | 2.1 | 1.8 | |
B6 Inflation in 12 months' time (per cent) | 2.9 | 5.3 | 1.7 | 2.4 | 2.4 | 2.4 | |
B7 Unemployment in Finland in 12 months' time (balance) | -10.3 | 20.3 | -59.5 | -4.0 | -55.1 | -40.6 | -- |
- Less (%) | . | . | . | 23.6 | 10.2 | 16.5 | |
- More (%) | . | . | . | 30.2 | 82.0 | 72.3 | |
B8 Own threat of unemployment now (balance) | -5.9 | 4.7 | -26.6 | -2.6 | -26.6 | -24.5 | -- |
- Decreased (%) | . | . | . | 9.2 | 2.3 | 3.8 | |
- Increased (%) | . | . | . | 14.6 | 41.3 | 40.5 | |
C1 Favourability of time for purchasing durables (balance) | 19.7 | 43.5 | -14.3 | 20.1 | -14.3 | 6.5 | -- |
- Good time (%) | . | . | . | 31.0 | 20.4 | 29.6 | |
- Bad time (%) | . | . | . | 10.9 | 34.7 | 23.1 | |
C2 Favourability of time for saving (balance) | 4.3 | 29.4 | -28.5 | 22.1 | -12.0 | -6.2 | - |
- Good time (%) | . | . | . | 67.4 | 39.7 | 43.2 | |
- Bad time (%) | . | . | . | 31.4 | 59.2 | 55.4 | |
C3 Favourability of time for raising a loan (balance) | 7.7 | 31.7 | -60.4 | 17.1 | -29.1 | -16.6 | -- |
- Good time (%) | . | . | . | 64.5 | 28.1 | 36.8 | |
- Bad time (%) | . | . | . | 33.7 | 69.8 | 61.7 | |
D1 Own financial situation now (balance) | 21.5 | 31.0 | 6.4 | 31.0 | 29.4 | 27.5 | ++ |
- Money is saved (%) | . | . | . | 63.1 | 62.4 | 61.7 | |
- Uses savings or gets into debt (%) | . | . | . | 9.1 | 10.6 | 11.6 | |
D2 Own saving possibilities in the next 12 months (balance) | 39.7 | 53.6 | 9.8 | 51.5 | 41.9 | 45.6 | + |
- Can save (%) | . | . | . | 77.8 | 73.9 | 75.7 | |
- Cannot save (%) | . | . | . | 22.1 | 25.6 | 24.1 | |
D5 Intention to raise a loan in the next 12 months (% of consumers) | 15.4 | 21.1 | 10.5 | 17.2 | 16.9 | 17.1 | + |
- Yes, absolutely (%) | . | . | . | 4.7 | 3.8 | 4.1 | |
- Possibly (%) | . | . | . | 12.5 | 13.1 | 13.1 | |
E1 Spending on durables, next 12 months vs. last 12 months (balance) | -16.3 | -9.7 | -26.7 | -15.0 | -26.7 | -16.6 | = |
- More (%) | . | . | . | 14.5 | 9.2 | 14.1 | |
- Less (%) | . | . | . | 34.2 | 45.5 | 35.2 | |
E2 Intention to buy a car in the next 12 months (% of consumers) | 14.3 | 19.2 | 10.1 | 17.4 | 11.6 | 12.9 | - |
- Very likely (%) | . | . | . | 6.3 | 3.1 | 3.9 | |
- Quite likely (%) | . | . | . | 11.1 | 8.5 | 9.1 | |
E4 Intention to buy a dwelling in the next 12 months (% of consumers) | 12.6 | 16.5 | 9.1 | 12.8 | 12.4 | 14.9 | ++ |
- Yes, absolutely (%) | . | . | . | 4.0 | 4.0 | 3.8 | |
- Possibly (%) | . | . | . | 8.8 | 8.4 | 11.1 | |
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) | 17.4 | 26.0 | 8.1 | 22.6 | 16.9 | 20.1 | + |
- Very likely (%) | . | . | . | 9.0 | 5.5 | 6.4 | |
- Quite likely (%) | . | . | . | 13.6 | 11.4 | 13.6 |
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.
Source: Consumer Confidence 2020, May. Statistics Finland
Inquiries: Pertti Kangassalo 029 551 3598, Tuomas Parikka 029 551 3276, consumer.confidence@stat.fi
Director in charge: Jari Tarkoma
Updated 27.5.2020
Official Statistics of Finland (OSF):
Consumer Confidence [e-publication].
ISSN=2669-8889. May 2020,
Appendix table 1. Consumers' views and intentions 1)
. Helsinki: Statistics Finland [referred: 17.8.2024].
Access method: http://www.stat.fi/til/kbar/2020/05/kbar_2020_05_2020-05-27_tau_001_en.html