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.