Consumer confidence weak but rose slightly
The consumer confidence indicator (CCI) stood
at -4.2 in December whereas in November it was -5.0 and in October
-6.6. Last year in December, the CCI received the value -2.2. The
average for the CCI since 1998 is -1.9. The data are based on
Statistics Finlands Consumer Confidence Survey, to which
1,060 persons resident in Finland responded between 1 and 16
December. The long time series of the statistics on
consumer confidence have now been republished as level
revised:
database tablesandfigures. More information
about the level revision can be found in thereviewof the release
.
Of the four components of the CCI consumers views of
their own current economy and the near future of Finlands
economy improved in December compared to November. Expectations
concerning consumers own economic situation remained almost
unchanged. Consumers intentions to spend money on durable
goods were somewhat lower in December than one month earlier.
Compared to the corresponding period last year, the components of
the CCI weakened apart from increased intentions to spend
money.
In December, the views of consumers own current economy
were good and views about economic development in Finland were
weak. The other CCI components were at average levels.
Statistical release
