The Finnish consumer confidence indicator increased to -4.8 in November of 2020 from -6.9 in the previous month. This was the strongest reading since July, as two major components improved clearly from the previous month: expectations concerning their own economy (7.8 vs 6.7 in October) and Finland's economy in 12 months (-14.4 vs -24.9). Meanwhile, views on both consumers’ own economy now (1.6 vs 3.9) and intentions to spend money on durable goods in the next 12 months (-14.4 vs -13.4) weakened. source: Statistics Finland

Consumer Confidence in Finland averaged -1.81 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 November of 2020.

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. 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 -3.00 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
-4.80 -6.90 6.80 -13.90 1995 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-08-27 05:00 AM Aug -5.1 -1.6 2
2020-09-28 05:00 AM Sep -5.9 -5.1 1
2020-10-27 06:00 AM Oct -6.9 -5.9 -6.5
2020-11-27 06:00 AM Nov -4.8 -6.9 -7.7
2020-12-28 06:00 AM Dec -4.8 -7
2021-01-27 06:00 AM Jan
2021-02-26 06:00 AM Feb
2021-03-26 06:00 AM Mar


News Stream
Finnish Consumer Morale Improves to 4-Month High
The Finnish consumer confidence indicator increased to -4.8 in November of 2020 from -6.9 in the previous month. This was the strongest reading since July, as two major components improved clearly from the previous month: expectations concerning their own economy (7.8 vs 6.7 in October) and Finland's economy in 12 months (-14.4 vs -24.9). Meanwhile, views on both consumers’ own economy now (1.6 vs 3.9) and intentions to spend money on durable goods in the next 12 months (-14.4 vs -13.4) weakened.
2020-11-27
Finnish Consumer Morale Weakest in 5 Months
The Finnish consumer confidence indicator declined to -6.9 in October of 2020 from -5.9 in the previous month. This was the weakest reading since May, as two major components deteriorated clearly from the previous month: expectations concerning their own economy (6.7 vs 7.0 in September) and Finland's economy in 12 months (-24.9 vs -18.1). Meanwhile, views on both consumers’ own economy now (3.9 vs 2.3) and intentions to spend money on durable goods in the next 12 months (-13.4 vs -14.8) strengthened.
2020-10-27
Finnish Consumer Morale Weakest in 4 Months
The Finnish consumer confidence indicator declined to -5.9 in September of 2020 from -5.1 in the previous month. This was the weakest reading since May, as most major components deteriorated clearly from the previous month: expectations concerning their own economy (7.0 vs 9.8 in August), Finland's economy in 12 months (-18.1 vs -16.8) and intentions to spend money on durable goods in the next 12 months (-14.8 vs -13.9). Meanwhile, views on consumers’ own economy now strengthened (2.3 vs 0.7).
2020-09-28
Finnish Consumer Confidence Weakest in 3 Months
The Finnish consumer confidence indicator declined to -5.1 in August of 2020 from -1.6 in the previous month. This was the weakest reading since May, as all major components deteriorated clearly from the previous month: expectations concerning their own economy (9.8 vs 10.3 in July), Finland's economy in 12 months (-16.8 vs -8.4), intentions to spend money on durable goods in the next 12 months (-13.9 vs -10.9) and views on consumers’ own economy now (0.7 vs 2.8).
2020-08-27

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.