Consumer confidence almost unchanged in December
The consumer confidence indicator (CCI) stood
at -4.6 in December whereas in November it was -4.8 and in October
-6.9. Last year in December, the CCI received the value -4.2. The
long-term average for the CCI is -1.8. The data are based on
Statistics Finlands Consumer Confidence Survey, to which
1,133 persons resident in Finland responded between 1 and 16
December.
There were only minor changes in the components of the CCI in
December compared with November. Consumers' intentions to spend
money on durable goods decreased slightly in a month. The other
three components improved slightly. By contrast, compared to the
corresponding period last year, the views on the present state of
the own economy weakened clearly and the expectations concerning
Finland's economy improved somewhat in December. The other two
components, that is, expectations concerning one's own economy and
intentions to spend money on durable goods remained unchanged in
the year.
In December, consumers' views on Finland's economic development
were still gloomy. The other three components were on the long-term
average level.
Statistical release
