Consumer confidence at a steady level
Consumers confidence in the economy
strengthened in March and is at a good level. The consumer
confidence indicator (CCI) stood at 16.1 in March, having been 15.5
in February and 17.2 in January. In last years March, the
CCI received the value 24.7. The long-term average for the CCI is
12.7. The data are based on Statistics Finlands Consumer
Survey, for which 1,205 people resident in Finland were interviewed
between 1 and 19 March.
Of the four components of the consumer confidence indicator,
consumers expectations concerning both their own and
Finland's economy improved in March from February. Views on their
own economy were at a good level, while views on the future of
Finlands economy were slightly pessimistic despite
strengthening. The estimate of general development of unemployment
weakened slightly but was still at a confident level. Expectations
concerning their own saving possibilities remained unchanged and
were very optimistic.
Compared with the corresponding period last year, only views on
saving possibilities improved in March. Apart from one's own
economy, other components weakened clearly in a year.
Statistical release
