Appendix table 1. Consumers' views and intentions 1)
Average 10/1995- | Max. 10/1995- | Min. 10/1995- | 03/2019 | 02/2020 | 03/2020 | Outlook 2) | |
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 | -1.7 | 6.8 | -12.8 | -2.3 | -4.5 | -7.1 | -- |
B1 Own economy now (balance) | 3.1 | 8.6 | -5.3 | 6.7 | 3.5 | 5.2 | + |
- Better (%) | . | . | . | . | 24.2 | 27.4 | |
- Worse (%) | . | . | . | . | 18.6 | 18.9 | |
B2 Own economy in 12 months' time (balance) | 8.1 | 13.5 | 1.2 | 11.2 | 6.8 | 9.1 | + |
- Better (%) | . | . | . | . | 24.8 | 29.7 | |
- Worse (%) | . | . | . | . | 13.5 | 14.2 | |
B3 Finland's economy now (balance) | -5.5 | 25.9 | -66.5 | 0.9 | -14.5 | -20.8 | - |
- Better (%) | . | . | . | . | 11.0 | 8.4 | |
- Worse (%) | . | . | . | . | 35.3 | 42.2 | |
B4 Finland's economy in 12 months' time (balance) | -1.6 | 20.3 | -32.8 | -8.4 | -14.3 | -25.8 | -- |
- Better (%) | . | . | . | . | 13.6 | 10.8 | |
- Worse (%) | . | . | . | . | 37.1 | 52.4 | |
B5 Inflation now (per cent) | 3.1 | 6.9 | -2.7 | 2.7 | 2.8 | 2.4 | |
B6 Inflation in 12 months' time (per cent) | 3.0 | 5.3 | 1.7 | 2.6 | 2.7 | 2.3 | |
B7 Unemployment in Finland in 12 months' time (balance) | -10.0 | 20.3 | -59.5 | -1.5 | -5.0 | -19.7 | - |
- Less (%) | . | . | . | . | 25.7 | 15.7 | |
- More (%) | . | . | . | . | 32.5 | 46.8 | |
B8 Own threat of unemployment now (balance) | -5.7 | 4.7 | -25.1 | 0.4 | -5.7 | -8.1 | - |
- Decreased (%) | . | . | . | . | 6.4 | 7.8 | |
- Increased (%) | . | . | . | . | 16.4 | 21.1 | |
C1 Favourability of time for purchasing durables (balance) | 19.9 | 43.5 | -13.8 | 19.7 | 19.5 | 12.2 | - |
- Good time (%) | . | . | . | . | 30.0 | 27.1 | |
- Bad time (%) | . | . | . | . | 10.5 | 14.9 | |
C2 Favourability of time for saving (balance) | 4.4 | 29.4 | -28.5 | 20.8 | 19.9 | 13.7 | + |
- Good time (%) | . | . | . | . | 65.5 | 60.8 | |
- Bad time (%) | . | . | . | . | 33.1 | 37.2 | |
C3 Favourability of time for raising a loan (balance) | 7.9 | 31.7 | -60.4 | 12.5 | 23.4 | 11.9 | + |
- Good time (%) | . | . | . | . | 68.3 | 59.5 | |
- Bad time (%) | . | . | . | . | 29.9 | 38.7 | |
D1 Own financial situation now (balance) | 21.5 | 31.0 | 6.4 | 26.4 | 28.4 | 29.7 | ++ |
- Money is saved (%) | . | . | . | . | 60.4 | 62.5 | |
- Uses savings or gets into debt (%) | . | . | . | . | 9.5 | 10.4 | |
D2 Own saving possibilities in the next 12 months (balance) | 39.7 | 53.6 | 9.8 | 49.8 | 48.3 | 49.4 | + |
- Can save (%) | . | . | . | . | 76.5 | 78.2 | |
- Cannot save (%) | . | . | . | . | 23.3 | 21.2 | |
D5 Intention to raise a loan in the next 12 months (% of consumers) | 15.4 | 21.1 | 10.5 | 16.4 | 19.9 | 21.1 | ++ |
- Yes, absolutely (%) | . | . | . | . | 5.3 | 5.7 | |
- Possibly (%) | . | . | . | . | 14.6 | 15.5 | |
E1 Spending on durables, next 12 months vs. last 12 months (balance) | -16.3 | -9.7 | -26.2 | -18.7 | -14.0 | -17.0 | = |
- More (%) | . | . | . | . | 14.8 | 13.6 | |
- Less (%) | . | . | . | . | 32.5 | 35.6 | |
E2 Intention to buy a car in the next 12 months (% of consumers) | 14.3 | 19.2 | 10.1 | 16.0 | 13.9 | 14.5 | = |
- Very likely (%) | . | . | . | . | 4.9 | 4.9 | |
- Quite likely (%) | . | . | . | . | 9.0 | 9.6 | |
E4 Intention to buy a dwelling in the next 12 months (% of consumers) | 12.5 | 16.5 | 9.1 | 12.8 | 14.4 | 14.3 | ++ |
- Yes, absolutely (%) | . | . | . | . | 4.6 | 4.2 | |
- Possibly (%) | . | . | . | . | 9.8 | 10.1 | |
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) | 17.4 | 26.0 | 8.1 | 19.4 | 18.7 | 22.1 | ++ |
- Very likely (%) | . | . | . | . | 6.3 | 7.4 | |
- Quite likely (%) | . | . | . | . | 12.5 | 14.7 |
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.
Source: Consumer Confidence 2020, March. Statistics Finland
Inquiries: Pertti Kangassalo 029 551 3598, Tuomas Parikka 029 551 3276, consumer.confidence@stat.fi
Director in charge: Jari Tarkoma
Updated 27.3.2020
Official Statistics of Finland (OSF):
Consumer Confidence [e-publication].
ISSN=2669-8889. March 2020,
Appendix table 1. Consumers' views and intentions 1)
. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/kbar/2020/03/kbar_2020_03_2020-03-27_tau_001_en.html