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' timeStatistical release