The Finnish consumer confidence indicator increased to -9 in May of 2020 from a record low of -13.9 in the previous month. All four major components strengthened clearly from the previous month: views on consumers’ own economy now (1.5 vs -0.3 in April), expectations concerning their own (7.1 vs 2.3), Finland's economy in 12 months (-28.1 vs -30.8), and intentions to spend money on durable goods in the next 12 months (-16.6 vs -27.6).

Consumer Confidence in Finland averaged -1.75 points from 1995 until 2020, reaching an all time high of 6.80 points in December of 2017 and a record low of -13.90 points in April of 2020. 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 May of 2020. source: Statistics Finland

Consumer Confidence in Finland is expected to be -9.00 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 -5.00 in 12 months time. In the long-term, the Finland Consumer Confidence is projected to trend around -4.50 points in 2021 and 0.50 points in 2022, according to our econometric models.

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Finland Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-9.00 -13.90 6.80 -13.90 1995 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-27 06:00 AM Feb -4.5 -4.6 -5
2020-03-27 06:00 AM Mar -7.1 -4.5 -5.9
2020-04-27 05:00 AM Apr -13.9 -7.1 -8.2
2020-05-27 05:00 AM May -9.0 -13.9 -11
2020-06-29 05:00 AM Jun -9.0 -9
2020-07-27 05:00 AM Jul
2020-08-27 05:00 AM Aug
2020-09-28 05:00 AM Sep -10


News Stream
Finnish Consumer Morale Improves in May
The Finnish consumer confidence indicator increased to -9 in May of 2020 from a record low of -13.9 in the previous month. All four major components strengthened clearly from the previous month: views on consumers’ own economy now (1.5 vs -0.3 in April), expectations concerning their own (7.1 vs 2.3), Finland's economy in 12 months (-28.1 vs -30.8), and intentions to spend money on durable goods in the next 12 months (-16.6 vs -27.6).
2020-05-27
Finnish Consumer Morale Weakest in Over 4 Years
The Finnish consumer confidence indicator declined to -7.1 in March 2020, the lowest level since December 2015, as expectations concerning Finland's economy weakened sharply and intentions to acquire durable goods decreased. In contrast, views on one’s own economy at present and in the near future improved somewhat. Statistics Finland noted that the majority of responses were received before March 13th, that is, prior to the government’s restrictive measures related to the coronavirus pandemic.
2020-03-27
Finnish Consumer Sentiment Holds Steady in February
The Finnish consumer confidence indicator stood at -4.5 in February 2020, little-changed from -4.6 in the previous month. Expectations concerning the near future of Finland's economy remained unchanged, but their views of spending money on durable goods improved somewhat. Consumers’ views on the development of the unemployment situation improved to a good level, while those on own financial situation were seen as fairly good.
2020-02-27
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

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.