Consumer survey

Updated: 28 Jan 2019
Next update: 27 Feb 2019

The Consumer Survey is a telephone interview survey by means of which it is possible to measure Finns’ images of the general economic development and the financial situation of one's own household and intentions to make major purchases, save money or take out a loan.

The consumer confidence indicator is the average of the balance figures for the CCI components. The balance figures and the confidence indicator can range between -100 and +100 – the higher (positive) balance figure, the brighter the view on the economy.

   

Consumers strongly confident in their own economy

Consumers confidence in the economy remains on a good level. The consumer confidence indicator (CCI) stood at 17.2 in January, having been 16.1 in December and 18.3 in November. Last year in January, the CCI received the value 24.2. The long-term average for the CCI is 12.7. The data are based on Statistics Finlands Consumer Survey, for which 1,154 people resident in Finland were interviewed between 2 and 18 January.

Of the four components of the CCI, consumers' expectations concerning their own economy and saving possibilities improved in January compared with December. Expectations concerning them were very bright, brighter than ever for saving. By contrast, views concerning Finland's economy and the development of unemployment remained unchanged in January. Views about unemployment were moderate but expectations concerning Finlands economy were pessimistic.

Compared with the corresponding period of last year, confidence in Finlands economy and unemployment decreasing weakened in January. Views about their own economy in turn remained unchanged and assessments about saving possibilities also improved clearly in a year.

Statistical release