Consumer survey

Updated: 27 Mar 2019
Next update: 29 Apr 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.

   

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