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.