Consumer survey

Updated: 28 May 2018
Next update: 27 Jun 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.

   

Consumers financial situation is stable, no fear of unemployment

In May, the consumer confidence indicator (CCI) stood at 24.8, while in April it was 23.2 and in March 24.7. In last years May, the CCI received the value 24.1. The long-term average for the CCI is 12.5. The data are based on Statistics Finlands Consumer Survey, for which 1,114 persons resident in Finland were interviewed between 2 and 18 May.

Of the components of the CCI, consumers expectations concerning their own and Finland's economy, as well as general unemployment development were very bright in May. Assessment of the households saving possibilities was good.

Compared with April, views concerning households own economy and saving possibilities improved in May. Views of Finlands economy and unemployment remained unchanged.

Compared with the corresponding period last year, confidence in ones own economy and especially in decreasing unemployment strengthened. By contrast, expectations concerning Finland's economy weakened slightly over the year and expectations concerning saving possibilities remained more or less unchanged.

Statistical release