Consumer survey

Updated: 27 Nov 2018
Next update: 27 Dec 2018

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 strengthened slightly – confidence in Finlands economy fading

Consumers confidence in the economy has improved slightly from last month. The consumer confidence indicator stood at 18.3 in November, having been 16.8 in October and 20.2 in September. The consumer confidence indicator (CCI) received the value 23.0 in last years November. The long-term average for the CCI is 12.6. The data are based on Statistics Finlands Consumer Survey, for which 1,110 people resident in Finland were interviewed between 1 and 19 November.

Of the four components of the consumer confidence indicator, consumers expectations concerning Finlands economy weakened further in November compared with October. Views on the development of Finlands economy were poor, but expectations concerning unemployment development were brighter than before. Expectations concerning consumers own economy and saving possibilities improved further in November.

Compared with the corresponding period of last year, confidence in Finlands economy and unemployment decreasing weakened in November. Views concerning their own economy and saving possibilities in turn improved over the one-year review period.

Consumers' expectations concerning their own and Finland's economy in 12 months' time

Statistical release