Appendix table 1. Consumers' views and intentions 1)
Average 10/1995- | Max. 10/1995- | Min. 10/1995- | 07/2019 | 06/2020 | 07/2020 | Outlook 2) | |
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 | -1.8 | 6.8 | -13.9 | -3.9 | -3.9 | -1.6 | = |
B1 Own economy now (balance) | 3.1 | 8.6 | -5.3 | 4.4 | 2.8 | 2.8 | = |
- Better (%) | . | . | . | 26.9 | 24.3 | 25.3 | |
- Worse (%) | . | . | . | 18.5 | 19.1 | 19.6 | |
B2 Own economy in 12 months' time (balance) | 8.0 | 13.5 | 1.2 | 7.6 | 8.7 | 10.3 | + |
- Better (%) | . | . | . | 28.1 | 27.1 | 28.4 | |
- Worse (%) | . | . | . | 15.8 | 13.0 | 10.9 | |
B3 Finland's economy now (balance) | -6.3 | 25.9 | -66.5 | -4.5 | -62.9 | -57.9 | -- |
- Better (%) | . | . | . | 17.8 | 2.8 | 3.5 | |
- Worse (%) | . | . | . | 24.8 | 85.8 | 83.2 | |
B4 Finland's economy in 12 months' time (balance) | -1.8 | 20.3 | -32.8 | -14.8 | -12.2 | -8.4 | - |
- Better (%) | . | . | . | 12.5 | 31.9 | 31.7 | |
- Worse (%) | . | . | . | 37.2 | 42.6 | 39.1 | |
B5 Inflation now (per cent) | 3.1 | 6.9 | -2.7 | 2.7 | 1.9 | 2.0 | |
B6 Inflation in 12 months' time (per cent) | 2.9 | 5.3 | 1.7 | 2.8 | 2.4 | 2.3 | |
B7 Unemployment in Finland in 12 months' time (balance) | -10.3 | 20.3 | -59.5 | -3.7 | -22.4 | -19.6 | - |
- Less (%) | . | . | . | 24.1 | 24.2 | 23.9 | |
- More (%) | . | . | . | 29.7 | 56.7 | 53.2 | |
B8 Own threat of unemployment now (balance) | -6.0 | 4.7 | -26.6 | -3.1 | -21.7 | -21.1 | -- |
- Decreased (%) | . | . | . | 7.6 | 3.5 | 4.1 | |
- Increased (%) | . | . | . | 13.7 | 36.8 | 34.9 | |
C1 Favourability of time for purchasing durables (balance) | 19.7 | 43.5 | -14.3 | 23.3 | 13.7 | 19.2 | = |
- Good time (%) | . | . | . | 33.1 | 33.0 | 34.9 | |
- Bad time (%) | . | . | . | 9.8 | 19.4 | 15.8 | |
C2 Favourability of time for saving (balance) | 4.3 | 29.4 | -28.5 | 21.2 | 2.1 | 4.6 | = |
- Good time (%) | . | . | . | 66.9 | 49.6 | 51.3 | |
- Bad time (%) | . | . | . | 31.9 | 49.0 | 46.8 | |
C3 Favourability of time for raising a loan (balance) | 7.6 | 31.7 | -60.4 | 19.0 | -8.1 | 1.5 | - |
- Good time (%) | . | . | . | 65.2 | 43.4 | 50.8 | |
- Bad time (%) | . | . | . | 32.9 | 54.5 | 46.7 | |
D1 Own financial situation now (balance) | 21.6 | 31.0 | 6.4 | 30.1 | 29.2 | 30.1 | ++ |
- Money is saved (%) | . | . | . | 61.0 | 64.2 | 63.0 | |
- Uses savings or gets into debt (%) | . | . | . | 8.5 | 11.1 | 10.7 | |
D2 Own saving possibilities in the next 12 months (balance) | 39.8 | 53.6 | 9.8 | 45.9 | 46.5 | 48.7 | + |
- Can save (%) | . | . | . | 75.9 | 76.5 | 77.2 | |
- Cannot save (%) | . | . | . | 23.7 | 23.4 | 22.4 | |
D5 Intention to raise a loan in the next 12 months (% of consumers) | 15.4 | 21.1 | 10.5 | 18.7 | 16.7 | 18.6 | ++ |
- Yes, absolutely (%) | . | . | . | 5.8 | 5.3 | 4.4 | |
- Possibly (%) | . | . | . | 13.0 | 11.3 | 14.2 | |
E1 Spending on durables, next 12 months vs. last 12 months (balance) | -16.3 | -9.7 | -26.7 | -12.8 | -14.9 | -10.9 | ++ |
- More (%) | . | . | . | 16.6 | 13.6 | 16.3 | |
- Less (%) | . | . | . | 32.1 | 33.7 | 28.5 | |
E2 Intention to buy a car in the next 12 months (% of consumers) | 14.3 | 19.2 | 10.1 | 16.3 | 12.8 | 17.9 | ++ |
- Very likely (%) | . | . | . | 7.5 | 4.7 | 5.3 | |
- Quite likely (%) | . | . | . | 8.7 | 8.1 | 12.6 | |
E4 Intention to buy a dwelling in the next 12 months (% of consumers) | 12.6 | 17.1 | 9.1 | 12.8 | 14.6 | 17.1 | ++ |
- Yes, absolutely (%) | . | . | . | 3.6 | 4.3 | 5.2 | |
- Possibly (%) | . | . | . | 9.2 | 10.2 | 11.9 | |
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) | 17.4 | 26.0 | 8.1 | 21.3 | 18.7 | 22.9 | ++ |
- Very likely (%) | . | . | . | 6.8 | 7.0 | 9.3 | |
- Quite likely (%) | . | . | . | 14.5 | 11.7 | 13.6 |
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.
Source: Consumer Confidence 2020, July. Statistics Finland
Inquiries: Pertti Kangassalo 029 551 3598, consumer.confidence@stat.fi
Director in charge: Jari Tarkoma
Updated 27.7.2020
Official Statistics of Finland (OSF):
Consumer Confidence [e-publication].
ISSN=2669-8889. July 2020,
Appendix table 1. Consumers' views and intentions 1)
. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/kbar/2020/07/kbar_2020_07_2020-07-27_tau_001_en.html