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Appendix table 1. Consumers' views and intentions 1)

  Average 10/1995- Max. 10/1995- Min. 10/1995- 08/2019 07/2020 08/2020 Outlook 2)
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 -1.8 6.8 -13.9 -4.5 -1.6 -5.1 -
B1 Own economy now (balance) 3.1 8.6 -5.3 5.4 2.8 0.7 -
- Better (%) 25.8 29.9 20.2 26.9 25.3 23.5  
- Worse (%) 18.5 21.8 14.6 17.6 19.6 21.8  
B2 Own economy in 12 months' time (balance) 8.1 13.5 1.2 6.5 10.3 9.8 +
- Better (%) 27.2 29.7 23.6 25.5 28.4 29.0  
- Worse (%) 14.3 20.6 10.9 14.5 10.9 13.7  
B3 Finland's economy now (balance) -6.5 25.9 -66.5 -7.2 -57.9 -59.2 --
- Better (%) 10.8 29.2 2.2 15.9 3.5 2.2  
- Worse (%) 48.4 86.8 18.0 28.2 83.2 85.8  
B4 Finland's economy in 12 months' time (balance) -1.9 20.3 -32.8 -15.7 -8.4 -16.8 --
- Better (%) 17.0 31.9 9.6 11.6 31.7 23.2  
- Worse (%) 43.4 61.0 30.8 39.0 39.1 45.6  
B5 Inflation now (per cent) 3.1 6.9 -2.7 2.7 2.0 2.3  
B6 Inflation in 12 months' time (per cent) 2.9 5.3 1.7 2.7 2.3 2.5  
B7 Unemployment in Finland in 12 months' time (balance) -10.4 20.3 -59.5 -5.3 -19.6 -26.8 -
- Less (%) 20.0 26.3 10.2 22.1 23.9 16.7  
- More (%) 44.6 82.0 28.1 31.0 53.2 60.2  
B8 Own threat of unemployment now (balance) -6.1 4.7 -26.6 -2.7 -21.1 -18.5 --
- Decreased (%) 6.3 9.2 2.3 7.8 4.1 4.4  
- Increased (%) 22.6 41.3 12.3 12.9 34.9 32.9  
C1 Favourability of time for purchasing durables (balance) 19.6 43.5 -14.3 21.0 19.2 10.3 -
- Good time (%) 29.3 34.9 20.4 30.6 34.9 28.3  
- Bad time (%) 14.6 34.7 9.6 9.6 15.8 18.0  
C2 Favourability of time for saving (balance) 4.3 29.4 -28.5 19.0 4.6 3.4 =
- Good time (%) 58.2 67.4 39.7 65.9 51.3 49.9  
- Bad time (%) 40.2 59.2 31.4 32.2 46.8 48.7  
C3 Favourability of time for raising a loan (balance) 7.6 31.7 -60.4 21.2 1.5 -1.6 -
- Good time (%) 57.8 69.5 28.1 66.9 50.8 47.8  
- Bad time (%) 40.4 69.8 29.3 31.8 46.7 50.2  
D1 Own financial situation now (balance) 21.6 31.0 6.4 28.0 30.1 30.3 ++
- Money is saved (%) 61.6 64.7 57.7 61.2 63.0 64.7  
- Uses savings or gets into debt (%) 10.4 11.6 8.5 11.1 10.7 10.3  
D2 Own saving possibilities in the next 12 months (balance) 39.8 53.6 9.8 49.5 48.7 47.7 +
- Can save (%) 76.7 78.6 73.1 78.2 77.2 77.0  
- Cannot save (%) 23.1 26.5 21.0 21.6 22.4 22.9  
D5 Intention to raise a loan in the next 12 months (% of consumers) 15.4 21.1 10.5 19.1 18.6 20.3 ++
- Yes, absolutely (%) 5.1 6.3 3.8 5.8 4.4 5.8  
- Possibly (%) 13.6 15.5 11.3 13.3 14.2 14.5  
E1 Spending on durables, next 12 months vs. last 12 months (balance) -16.3 -9.7 -26.7 -14.4 -10.9 -13.9 +
- More (%) 14.2 16.6 9.2 16.2 16.3 13.9  
- Less (%) 34.2 45.5 28.5 34.7 28.5 31.2  
E2 Intention to buy a car in the next 12 months (% of consumers) 14.3 19.2 10.1 16.2 17.9 14.8 +
- Very likely (%) 5.2 7.5 3.1 5.8 5.3 4.2  
- Quite likely (%) 9.9 12.6 8.1 10.4 12.6 10.6  
E4 Intention to buy a dwelling in the next 12 months (% of consumers) 12.6 17.1 9.1 14.8 17.1 16.3 ++
- Yes, absolutely (%) 4.3 5.4 3.4 4.0 5.2 4.2  
- Possibly (%) 10.3 12.1 8.4 10.8 11.9 12.1  
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) 17.4 26.0 8.1 21.5 22.9 19.5 +
- Very likely (%) 7.4 9.3 5.5 8.3 9.3 6.6  
- Quite likely (%) 13.0 14.7 11.4 13.2 13.6 13.0  
1) Period 10/1995–04/2019: information on response distributions cannot be presented – only the (revised) balance figures, inflation estimates and some percentage shares are published.
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.

Source: Consumer Confidence 2020, August. Statistics Finland

Inquiries: Tuomas Parikka 029 551 3276, consumer.confidence@stat.fi

Director in charge: Jari Tarkoma


Updated 27.8.2020

Referencing instructions:

Official Statistics of Finland (OSF): Consumer Confidence [e-publication].
ISSN=2669-8889. August 2020, Appendix table 1. Consumers' views and intentions 1) . Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/kbar/2020/08/kbar_2020_08_2020-08-27_tau_001_en.html