The Finnish consumer confidence indicator rose to -11.9 in February 2023, pointing to the twelfth consecutive month of a negative reading, and easing from -12.7 in the previous month. Consumer’s assessment about Finland’s economy over the next 12 months were less pessimistic (-49.7 vs -50.3), while expectations over their own economy became more optimistic (4.3 vs 3.8). Additionally, the possibilities to save strengthened (41 vs 39.5) while time in spending money for durable goods further deteriorated (-28.5 vs -27.6). Expectations of inflation in 12 months edged down (5.2 vs 5.3), while expectations over inflation at the time of the survey increased (8.6 vs 8.1). source: Statistics Finland

Consumer Confidence in Finland averaged -2.14 points from 1995 until 2023, reaching an all time high of 6.80 points in December of 2017 and a record low of -18.50 points in December of 2022. 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 March of 2023.

Consumer Confidence in Finland is expected to be -9.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Consumer Confidence is projected to trend around -2.00 points in 2024 and 1.00 points in 2025, according to our econometric models.

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Finland Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2023-01-30 06:00 AM Jan -12.7 -18.5 -17
2023-02-27 06:00 AM Feb -11.9 -12.7 -10.9
2023-03-27 05:00 AM Mar -11.9 -9.2


Related Last Previous Unit Reference
Consumer Confidence -11.90 -12.70 points Feb 2023
Retail Sales MoM 5.90 -5.40 percent Jan 2023
Retail Sales YoY 5.20 1.60 percent Jan 2023
Consumer Spending 30888.00 31199.00 EUR Million Dec 2022
Personal Savings -3.50 -2.50 percent Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-11.90 -12.70 6.80 -18.50 1995 - 2023 points Monthly

News Stream
Finnish Consumer Morale Remains Gloomy in February
The Finnish consumer confidence indicator rose to -11.9 in February 2023, pointing to the twelfth consecutive month of a negative reading, and easing from -12.7 in the previous month. Consumer’s assessment about Finland’s economy over the next 12 months were less pessimistic (-49.7 vs -50.3), while expectations over their own economy became more optimistic (4.3 vs 3.8). Additionally, the possibilities to save strengthened (41 vs 39.5) while time in spending money for durable goods further deteriorated (-28.5 vs -27.6). Expectations of inflation in 12 months edged down (5.2 vs 5.3), while expectations over inflation at the time of the survey increased (8.6 vs 8.1).
2023-02-27
Finnish Consumer Morale Improves
The Finnish consumer confidence indicator rose to -12.7 in January of 2023, from -18.5 in December of 2022, pointing to the eleventh consecutive month of a negative reading. Consumer’s’ assessment about Finland’s economy over the next 12 months were less pessimistic (-50.3 vs -55.2), while expectations over their own economy became optimistic (3.8 vs -2.4). At the same time, the possibilities to save weakened (39.5 vs 42.1), while time in spending money for durable goods strengthened (-27.6 vs -32.8). Expectations of inflation in 12 months fell (5.3 vs 6.2), while expectations over inflation at the time of the survey dropped (8.1 vs 8.6).
2023-01-30
Finnish Consumer Morale Hits New Record Low
The consumer confidence indicator in Finland fell to -18.50 in December of 2022, pointing to the lowest level since records began in 1995 and following a -16.90 reading in the previous month. Household sentiments about their own economy at present grew more pessimistic (-13.0 vs -6.4 in November), along with expectations concerning their own economy (-2.4 vs 0.2). Meanwhile, assessment of Finland’s economy at present further weakened (-55.2 vs -54.3), while expectations for Finland’s economy over the next 12 months improved (-25.7 vs -31), but remains at a very weak level. Also, worries over unemployment heightened (-19.7 vs -15.3), as the consumer’s perception of their financial situation dropped (22.3 vs 27.3), while expectations concerning inflation slightly decreased (6.2 vs 6.5).
2022-12-27