The Finnish consumer confidence indicator increased to 6.0 in September of 2021 from 4.0 in the previous month, reaching the highest reading since December 2017, as expectations regarding Finland's economy in 12 months strengthened sharply (10.6 vs 4.0 in August). Also, consumers’ views on the economy improved (9.5 vs 9.3), while intentions to spend money on durable goods in the next 12 months less negative (-7.5 vs -8.8). Meantime, expectations concerning their own economy weakened slightly (11.3 vs 11.6). source: Statistics Finland

Consumer Confidence in Finland averaged -1.70 points from 1995 until 2021, 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 October of 2021.

Consumer Confidence in Finland is expected to be 4.80 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 -2.20 points in 2022 and -1.80 points in 2023, according to our econometric models.

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Finland Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-06-28 05:00 AM Jun 4.6 2.7 4
2021-07-27 05:00 AM Jul 4.4 4.6 3.4
2021-08-27 05:00 AM Aug 4 4.4 4
2021-09-27 05:00 AM Sep 6 4 4.8
2021-10-27 06:00 AM Oct 6 4.2
2021-11-26 06:00 AM Nov 4
2021-12-28 06:00 AM Dec 3.7


News Stream
Finnish Consumer Confidence Strongest Since 2017
The Finnish consumer confidence indicator increased to 6.0 in September of 2021 from 4.0 in the previous month, reaching the highest reading since December 2017, as expectations regarding Finland's economy in 12 months strengthened sharply (10.6 vs 4.0 in August). Also, consumers’ views on the economy improved (9.5 vs 9.3), while intentions to spend money on durable goods in the next 12 months less negative (-7.5 vs -8.8). Meantime, expectations concerning their own economy weakened slightly (11.3 vs 11.6).
2021-09-27
Finnish Consumer Morale Weakens in August
The Finnish consumer confidence indicator declined to 4.0 in August of 2021 from 4.4 in the previous month, as expectations regarding Finland's economy in 12 months deteriorated sharply (4.0 vs 7.8 in July). Meanwhile, both expectations concerning their own economy (11.6 vs 9.8) and consumers’ views on the economy (9.3 vs 9.1) improved. Also, consumers’ intentions to spend money on durable goods in the next 12 months less negative (-8.8 vs -9.2).
2021-08-27
Finnish Consumer Morale Weakens in July
The Finnish consumer confidence indicator declined to 4.4 in July of 2021 from 4.6 in the previous month, as most the major components deteriorated: expectations regarding Finland's economy in 12 months (7.8 vs 8.2 in June), expectations concerning their own economy (9.8 vs 10.8) and consumers’ intentions to spend money on durable goods in the next 12 months (-9.2 vs -8.3). Meanwhile, consumers’ views on the economy strengthened (9.1 vs 7.6).
2021-07-27
Finnish Consumer Morale Strongest in Over 3 Years
The Finnish consumer confidence indicator jumped to 4.6 in June of 2021 from 2.7 in the previous month. It was the strongest consumer confidence since February 2018, as most the major components improved clearly from the previous month: expectations regarding Finland's economy in 12 months (8.2 vs 3.7 in May), consumers’ views on own economy now (7.6 vs 3.8), and consumers’ views on intentions to spend money on durable goods in the next 12 months (-8.3 vs -8.4). Meanwhile, expectations concerning their own economy weakened (10.8 vs 11.9 in May).
2021-06-28

Finland Last Unit Reference Previous Highest Lowest
Consumer Confidence 6.00 points Sep/21 4.00 6.80 -13.90
Retail Sales Mom 1.30 percent Jun/21 -1.10 4.10 -3.40
Retail Sales Yoy 5.80 percent Jun/21 5.20 11.10 -3.40
Consumer Spending 29629.00 EUR Million Jun/21 29075.00 30559.00 8859.00
Personal Savings 5.50 percent Mar/21 5.50 9.40 -6.20


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.