Appendix table 1. Consumers' views and intentions 1)
Average 10/1995- | Max. 10/1995- | Min. 10/1995- | 12/2019 | 11/2020 | 12/2020 | Outlook 2) | |
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 | -1.8 | 6.8 | -13.9 | -4.2 | -4.8 | -4.6 | - |
B1 Own economy now (balance) | 3.1 | 8.6 | -5.3 | 6.2 | 1.6 | 2.8 | = |
- Better (%) | . | . | . | 27.1 | 22.2 | 24.0 | |
- Worse (%) | . | . | . | 17.1 | 19.3 | 19.5 | |
B2 Own economy in 12 months' time (balance) | 8.0 | 13.5 | 1.2 | 8.5 | 7.8 | 8.5 | = |
- Better (%) | . | . | . | 28.2 | 25.5 | 27.2 | |
- Worse (%) | . | . | . | 13.6 | 13.1 | 13.0 | |
B3 Finland's economy now (balance) | -7.1 | 25.9 | -66.5 | -14.7 | -54.9 | -55.5 | -- |
- Better (%) | . | . | . | 11.4 | 3.1 | 2.2 | |
- Worse (%) | . | . | . | 36.9 | 83.5 | 83.9 | |
B4 Finland's economy in 12 months' time (balance) | -2.1 | 20.3 | -32.8 | -15.6 | -14.4 | -13.9 | -- |
- Better (%) | . | . | . | 12.5 | 25.5 | 28.1 | |
- Worse (%) | . | . | . | 38.0 | 42.6 | 43.5 | |
B5 Inflation now (per cent) | 3.1 | 6.9 | -2.7 | 2.8 | 2.1 | 2.1 | |
B6 Inflation in 12 months' time (per cent) | 2.9 | 5.3 | 1.7 | 2.7 | 2.2 | 2.3 | |
B7 Unemployment in Finland in 12 months' time (balance) | -10.8 | 20.3 | -59.5 | -10.2 | -31.8 | -32.5 | -- |
- Less (%) | . | . | . | 19.1 | 17.6 | 18.7 | |
- More (%) | . | . | . | 37.0 | 65.3 | 64.2 | |
B8 Own threat of unemployment now (balance) | -6.4 | 4.7 | -26.6 | -6.3 | -16.6 | -18.2 | -- |
- Decreased (%) | . | . | . | 8.2 | 6.5 | 5.1 | |
- Increased (%) | . | . | . | 17.8 | 32.0 | 32.6 | |
C1 Favourability of time for purchasing durables (balance) | 19.5 | 43.5 | -14.3 | 16.5 | 11.4 | 12.3 | - |
- Good time (%) | . | . | . | 29.4 | 27.7 | 29.9 | |
- Bad time (%) | . | . | . | 12.9 | 16.3 | 17.6 | |
C2 Favourability of time for saving (balance) | 4.3 | 29.4 | -28.5 | 15.3 | 3.5 | 7.2 | = |
- Good time (%) | . | . | . | 62.6 | 50.7 | 54.5 | |
- Bad time (%) | . | . | . | 35.9 | 48.2 | 43.8 | |
C3 Favourability of time for raising a loan (balance) | 7.4 | 31.7 | -60.4 | 18.0 | -2.6 | -4.3 | - |
- Good time (%) | . | . | . | 63.9 | 47.4 | 45.4 | |
- Bad time (%) | . | . | . | 34.0 | 50.0 | 52.0 | |
D1 Own financial situation now (balance) | 21.7 | 31.0 | 6.4 | 28.8 | 29.7 | 29.7 | ++ |
- Money is saved (%) | . | . | . | 61.5 | 62.6 | 62.9 | |
- Uses savings or gets into debt (%) | . | . | . | 10.7 | 10.3 | 9.5 | |
D2 Own saving possibilities in the next 12 months (balance) | 39.9 | 53.6 | 9.8 | 47.3 | 47.2 | 45.7 | + |
- Can save (%) | . | . | . | 77.0 | 76.2 | 75.7 | |
- Cannot save (%) | . | . | . | 22.8 | 23.6 | 24.0 | |
D5 Intention to raise a loan in the next 12 months (% of consumers) | 15.5 | 22.1 | 10.5 | 17.4 | 17.8 | 19.5 | ++ |
- Yes, absolutely (%) | . | . | . | 4.7 | 5.2 | 5.1 | |
- Possibly (%) | . | . | . | 12.7 | 12.6 | 14.4 | |
E1 Spending on durables, next 12 months vs. last 12 months (balance) | -16.3 | -9.7 | -26.7 | -15.9 | -14.4 | -15.8 | = |
- More (%) | . | . | . | 14.0 | 12.9 | 13.4 | |
- Less (%) | . | . | . | 35.5 | 31.2 | 33.7 | |
E2 Intention to buy a car in the next 12 months (% of consumers) | 14.3 | 19.2 | 10.1 | 14.5 | 14.8 | 13.8 | - |
- Very likely (%) | . | . | . | 5.8 | 4.7 | 4.0 | |
- Quite likely (%) | . | . | . | 8.7 | 10.1 | 9.8 | |
E4 Intention to buy a dwelling in the next 12 months (% of consumers) | 12.6 | 17.9 | 9.1 | 16.4 | 16.4 | 15.0 | ++ |
- Yes, absolutely (%) | . | . | . | 5.1 | 5.3 | 3.9 | |
- Possibly (%) | . | . | . | 11.4 | 11.1 | 11.1 | |
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) | 17.4 | 26.0 | 8.1 | 19.5 | 20.6 | 19.4 | + |
- Very likely (%) | . | . | . | 7.0 | 6.9 | 6.8 | |
- Quite likely (%) | . | . | . | 12.4 | 13.7 | 12.7 |
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.
Source: Consumer Confidence 2020, December. Statistics Finland
Inquiries: Pertti Kangassalo 029 551 3598, consumer.confidence@stat.fi
Head of Department in charge: Hannele Orjala
Updated 28.12.2020
Official Statistics of Finland (OSF):
Consumer Confidence [e-publication].
ISSN=2669-8889. December 2020,
Appendix table 1. Consumers' views and intentions 1)
. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/kbar/2020/12/kbar_2020_12_2020-12-28_tau_001_en.html