Appendix table 1. Consumers' views and intentions 1)
Average 10/1995- | Max. 10/1995- | Min. 10/1995- | 08/2019 | 07/2020 | 08/2020 | Outlook 2) | |
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 | -1.8 | 6.8 | -13.9 | -4.5 | -1.6 | -5.1 | - |
B1 Own economy now (balance) | 3.1 | 8.6 | -5.3 | 5.4 | 2.8 | 0.7 | - |
- Better (%) | 25.8 | 29.9 | 20.2 | 26.9 | 25.3 | 23.5 | |
- Worse (%) | 18.5 | 21.8 | 14.6 | 17.6 | 19.6 | 21.8 | |
B2 Own economy in 12 months' time (balance) | 8.1 | 13.5 | 1.2 | 6.5 | 10.3 | 9.8 | + |
- Better (%) | 27.2 | 29.7 | 23.6 | 25.5 | 28.4 | 29.0 | |
- Worse (%) | 14.3 | 20.6 | 10.9 | 14.5 | 10.9 | 13.7 | |
B3 Finland's economy now (balance) | -6.5 | 25.9 | -66.5 | -7.2 | -57.9 | -59.2 | -- |
- Better (%) | 10.8 | 29.2 | 2.2 | 15.9 | 3.5 | 2.2 | |
- Worse (%) | 48.4 | 86.8 | 18.0 | 28.2 | 83.2 | 85.8 | |
B4 Finland's economy in 12 months' time (balance) | -1.9 | 20.3 | -32.8 | -15.7 | -8.4 | -16.8 | -- |
- Better (%) | 17.0 | 31.9 | 9.6 | 11.6 | 31.7 | 23.2 | |
- Worse (%) | 43.4 | 61.0 | 30.8 | 39.0 | 39.1 | 45.6 | |
B5 Inflation now (per cent) | 3.1 | 6.9 | -2.7 | 2.7 | 2.0 | 2.3 | |
B6 Inflation in 12 months' time (per cent) | 2.9 | 5.3 | 1.7 | 2.7 | 2.3 | 2.5 | |
B7 Unemployment in Finland in 12 months' time (balance) | -10.4 | 20.3 | -59.5 | -5.3 | -19.6 | -26.8 | - |
- Less (%) | 20.0 | 26.3 | 10.2 | 22.1 | 23.9 | 16.7 | |
- More (%) | 44.6 | 82.0 | 28.1 | 31.0 | 53.2 | 60.2 | |
B8 Own threat of unemployment now (balance) | -6.1 | 4.7 | -26.6 | -2.7 | -21.1 | -18.5 | -- |
- Decreased (%) | 6.3 | 9.2 | 2.3 | 7.8 | 4.1 | 4.4 | |
- Increased (%) | 22.6 | 41.3 | 12.3 | 12.9 | 34.9 | 32.9 | |
C1 Favourability of time for purchasing durables (balance) | 19.6 | 43.5 | -14.3 | 21.0 | 19.2 | 10.3 | - |
- Good time (%) | 29.3 | 34.9 | 20.4 | 30.6 | 34.9 | 28.3 | |
- Bad time (%) | 14.6 | 34.7 | 9.6 | 9.6 | 15.8 | 18.0 | |
C2 Favourability of time for saving (balance) | 4.3 | 29.4 | -28.5 | 19.0 | 4.6 | 3.4 | = |
- Good time (%) | 58.2 | 67.4 | 39.7 | 65.9 | 51.3 | 49.9 | |
- Bad time (%) | 40.2 | 59.2 | 31.4 | 32.2 | 46.8 | 48.7 | |
C3 Favourability of time for raising a loan (balance) | 7.6 | 31.7 | -60.4 | 21.2 | 1.5 | -1.6 | - |
- Good time (%) | 57.8 | 69.5 | 28.1 | 66.9 | 50.8 | 47.8 | |
- Bad time (%) | 40.4 | 69.8 | 29.3 | 31.8 | 46.7 | 50.2 | |
D1 Own financial situation now (balance) | 21.6 | 31.0 | 6.4 | 28.0 | 30.1 | 30.3 | ++ |
- Money is saved (%) | 61.6 | 64.7 | 57.7 | 61.2 | 63.0 | 64.7 | |
- Uses savings or gets into debt (%) | 10.4 | 11.6 | 8.5 | 11.1 | 10.7 | 10.3 | |
D2 Own saving possibilities in the next 12 months (balance) | 39.8 | 53.6 | 9.8 | 49.5 | 48.7 | 47.7 | + |
- Can save (%) | 76.7 | 78.6 | 73.1 | 78.2 | 77.2 | 77.0 | |
- Cannot save (%) | 23.1 | 26.5 | 21.0 | 21.6 | 22.4 | 22.9 | |
D5 Intention to raise a loan in the next 12 months (% of consumers) | 15.4 | 21.1 | 10.5 | 19.1 | 18.6 | 20.3 | ++ |
- Yes, absolutely (%) | 5.1 | 6.3 | 3.8 | 5.8 | 4.4 | 5.8 | |
- Possibly (%) | 13.6 | 15.5 | 11.3 | 13.3 | 14.2 | 14.5 | |
E1 Spending on durables, next 12 months vs. last 12 months (balance) | -16.3 | -9.7 | -26.7 | -14.4 | -10.9 | -13.9 | + |
- More (%) | 14.2 | 16.6 | 9.2 | 16.2 | 16.3 | 13.9 | |
- Less (%) | 34.2 | 45.5 | 28.5 | 34.7 | 28.5 | 31.2 | |
E2 Intention to buy a car in the next 12 months (% of consumers) | 14.3 | 19.2 | 10.1 | 16.2 | 17.9 | 14.8 | + |
- Very likely (%) | 5.2 | 7.5 | 3.1 | 5.8 | 5.3 | 4.2 | |
- Quite likely (%) | 9.9 | 12.6 | 8.1 | 10.4 | 12.6 | 10.6 | |
E4 Intention to buy a dwelling in the next 12 months (% of consumers) | 12.6 | 17.1 | 9.1 | 14.8 | 17.1 | 16.3 | ++ |
- Yes, absolutely (%) | 4.3 | 5.4 | 3.4 | 4.0 | 5.2 | 4.2 | |
- Possibly (%) | 10.3 | 12.1 | 8.4 | 10.8 | 11.9 | 12.1 | |
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) | 17.4 | 26.0 | 8.1 | 21.5 | 22.9 | 19.5 | + |
- Very likely (%) | 7.4 | 9.3 | 5.5 | 8.3 | 9.3 | 6.6 | |
- Quite likely (%) | 13.0 | 14.7 | 11.4 | 13.2 | 13.6 | 13.0 |
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.
Source: Consumer Confidence 2020, August. Statistics Finland
Inquiries: Tuomas Parikka 029 551 3276, consumer.confidence@stat.fi
Director in charge: Jari Tarkoma
Updated 27.8.2020
Official Statistics of Finland (OSF):
Consumer Confidence [e-publication].
ISSN=2669-8889. August 2020,
Appendix table 1. Consumers' views and intentions 1)
. Helsinki: Statistics Finland [referred: 16.11.2024].
Access method: http://www.stat.fi/til/kbar/2020/08/kbar_2020_08_2020-08-27_tau_001_en.html