Consumers financial situation is stable, no fear of
In May, the consumer confidence indicator (CCI)
stood at 24.8, while in April it was 23.2 and in March 24.7. In
last years May, the CCI received the value 24.1. The
long-term average for the CCI is 12.5. The data are based on
Statistics Finlands Consumer Survey, for which 1,114 persons
resident in Finland were interviewed between 2 and 18 May.
Of the components of the CCI, consumers expectations
concerning their own and Finland's economy, as well as general
unemployment development were very bright in May. Assessment of the
households saving possibilities was good.
Compared with April, views concerning households own
economy and saving possibilities improved in May. Views of
Finlands economy and unemployment remained unchanged.
Compared with the corresponding period last year, confidence in
ones own economy and especially in decreasing unemployment
strengthened. By contrast, expectations concerning Finland's
economy weakened slightly over the year and expectations concerning
saving possibilities remained more or less unchanged.Statistical release