Consumers estimates about economic growth and
unemployment ever gloomier
Consumers confidence in the economy
remained almost unchanged in September. The consumer confidence
indicator (CCI) stood at -4.2 in September, having been -4.5 in
August and -3.9 in July. Last year in September, the CCI received
the value 1.5. The average for the CCI since January 2018 is -0.2.
The data are based on Statistics Finlands Consumer
Confidence Survey, to which 1,012 persons resident in Finland
responded between 1 and 18 September. The survey methods were
revised in
May.
Of the four components of the CCI, expectations on the
development of Finlands economy became still gloomier in
September. In turn, the assessment concerning consumers own
current economic situation and also the situation in the near
future improved compared to August. However, the expectations
remained subdued. In September, consumers intentions to
spend money on durable goods increased slightly and there were more
such intentions than average.
Compared with the corresponding period last year, the
expectations on both the own and Finlands economy weakened
in September. The view on Finlands economy absolutely
plummeted over the year. The other components of the CCI improved
slightly.
Statistical release
