The Finnish consumer confidence indicator rose to -16.9 in November from -17.60 in October, pointing to the ninth straight month of a negative reading, and the third lowest level since the series began in 1995. Consumers' assessment about Finland’s economy in 12 months strengthened (-31 vs -33.8), while expectations over their own economy declined further (-6.4 vs -4.7). At the same time, the possibilities to save improved (42.4 vs 39.5), while time in spending money for durable goods recorded were record low (-30.6 vs -30.1). Expectations of inflation in 12 months fell slightly (6.5 vs 6.8), while expectations over inflation at the time of the survey were the highest in the measuring history (8.5 vs 8.3). On the other hand, consumers continued to regard their own financial situation as good (27.3 vs 27.4), as the consumer’s perception of the personal threat of unemployment was fairly low (-4.3 vs -4.1), while views about general unemployment improved (-15.3 vs -18). source: Statistics Finland

Consumer Confidence in Finland averaged -2.03 points from 1995 until 2022, reaching an all time high of 6.80 points in December of 2017 and a record low of -18.30 points in September 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 November of 2022.

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

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Finland Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-10-27 05:00 AM Oct -17.6 -18.3 -20
2022-11-28 06:00 AM Nov -16.9 -17.6 -16
2022-12-28 06:00 AM Dec -16.9


Related Last Previous Unit Reference
Consumer Confidence -16.90 -17.60 points Nov 2022
Retail Sales MoM 1.20 1.20 percent Sep 2022
Retail Sales YoY 6.00 4.50 percent Sep 2022
Consumer Spending 31394.00 30413.00 EUR Million Jun 2022
Personal Savings -2.50 1.50 percent Jun 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
-16.90 -17.60 6.80 -18.30 1995 - 2022 points Monthly

News Stream
Finish Consumer Morale Improves
The Finnish consumer confidence indicator rose to -16.9 in November from -17.60 in October, pointing to the ninth straight month of a negative reading, and the third lowest level since the series began in 1995. Consumers' assessment about Finland’s economy in 12 months strengthened (-31 vs -33.8), while expectations over their own economy declined further (-6.4 vs -4.7). At the same time, the possibilities to save improved (42.4 vs 39.5), while time in spending money for durable goods recorded were record low (-30.6 vs -30.1). Expectations of inflation in 12 months fell slightly (6.5 vs 6.8), while expectations over inflation at the time of the survey were the highest in the measuring history (8.5 vs 8.3). On the other hand, consumers continued to regard their own financial situation as good (27.3 vs 27.4), as the consumer’s perception of the personal threat of unemployment was fairly low (-4.3 vs -4.1), while views about general unemployment improved (-15.3 vs -18).
2022-11-28
Finnish Consumer Sentiment Remains Gloomy
The Finnish consumer confidence indicator rose to -17.6 in October 2022 from a record low of -18.9 in the previous month, pointing to the eighth straight month of a negative reading. Households' sentiment about Finland's economy in 12 months hit a fresh low (-33.8 vs -33.5 in September) while expectations over their own economy deteriorated further (-4.7 vs -2.0). Also, intentions to spend money on durable goods touched their lowest since the measure began (-30.1 vs -28.8) while possibilities to save stayed high (39.8 vs 40.5). Further, expectations over inflation at the time of the survey (8.3 vs 7.9) and in 12 months (6.8 vs 6.7) were the highest in the measuring history. On the other hand, consumers continued to regard their own financial situation as good (27.4 vs 26.3), with their perception of the personal threat of unemployment being less negative (-4.1 vs -5.3) while views about general unemployment weakened further (-18.0 vs -13.2).
2022-10-27
Finnish Consumer Morale Tumbles to Record Low
The Finnish consumer confidence indicator plunged to a rock bottom of -18.9 in September 2022 from -14.9 in the previous month. Households' sentiment about their own economy deteriorated (-2 vs -1.7 in August), particularly from one year ago (-8.7 vs -1.7); as did the economy at present (-58.0 vs -49.6), especially from the prior year (-33.5 vs -33.1). Meantime, intentions to spend money on durable goods hit a record low (-28.8 vs -24.0) while possibilities to save stayed high (40.5 vs 41.1). Further, expectations over inflation at the time of the survey (7.9 vs 7.5) and in 12 months (6.7 vs 6.4) were the highest in the measuring history. On the other hand, consumers continued to regard their own financial situation as good (26.3 vs 25.8), with the picture of employment for both general (-13.2 vs -15.1) and personal (-5.3 vs -5.5) improving to a neutral level.
2022-09-27