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Appendix table 1. Consumers' views and intentions 1)

  Average 10/1995- Max. 10/1995- Min. 10/1995- 03/2020 02/2021 03/2021 Outlook 2)
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 -1.8 6.8 -13.9 -7.1 -0.8 -3.0 -
B1 Own economy now (balance) 3.0 8.6 -5.3 5.2 -1.7 2.7 =
- Better (%) . . . 27.4 22.1 24.0  
- Worse (%) . . . 18.9 25.1 18.5  
B2 Own economy in 12 months' time (balance) 8.1 13.5 1.2 9.1 12.7 12.6 ++
- Better (%) . . . 29.7 32.8 32.1  
- Worse (%) . . . 14.2 10.9 11.1  
B3 Finland's economy now (balance) -7.5 25.9 -66.5 -20.8 -48.8 -49.6 --
- Better (%) . . . 8.4 4.3 4.1  
- Worse (%) . . . 42.2 78.5 77.3  
B4 Finland's economy in 12 months' time (balance) -2.1 20.3 -32.8 -25.8 -2.1 -12.3 -
- Better (%) . . . 10.8 35.5 27.5  
- Worse (%) . . . 52.4 34.1 42.0  
B5 Inflation now (per cent) 3.1 6.9 -2.7 2.4 2.3 2.3  
B6 Inflation in 12 months' time (per cent) 2.9 5.3 1.7 2.3 2.4 2.5  
B7 Unemployment in Finland in 12 months' time (balance) -10.9 20.3 -59.5 -19.7 -20.7 -28.5 -
- Less (%) . . . 15.7 24.4 20.3  
- More (%) . . . 46.8 56.2 61.9  
B8 Own threat of unemployment now (balance) -6.5 4.7 -26.6 -8.1 -11.9 -12.9 -
- Decreased (%) . . . 7.8 5.2 4.9  
- Increased (%) . . . 21.1 24.6 25.3  
C1 Favourability of time for purchasing durables (balance) 19.5 43.5 -14.3 12.2 20.4 13.3 -
- Good time (%) . . . 27.1 33.8 30.7  
- Bad time (%) . . . 14.9 13.4 17.3  
C2 Favourability of time for saving (balance) 4.4 29.4 -28.5 13.7 11.0 9.1 +
- Good time (%) . . . 60.8 55.9 55.7  
- Bad time (%) . . . 37.2 42.2 42.6  
C3 Favourability of time for raising a loan (balance) 7.4 31.7 -60.4 11.9 6.5 1.0 -
- Good time (%) . . . 59.5 53.4 49.6  
- Bad time (%) . . . 38.7 44.4 48.0  
D1 Own financial situation now (balance) 21.8 31.2 6.4 29.7 28.6 31.2 ++
- Money is saved (%) . . . 62.5 62.3 63.8  
- Uses savings or gets into debt (%) . . . 10.4 12.2 10.2  
D2 Own saving possibilities in the next 12 months (balance) 40.0 53.6 9.8 49.4 48.3 50.2 +
- Can save (%) . . . 78.2 75.9 77.4  
- Cannot save (%) . . . 21.2 23.6 21.9  
D5 Intention to raise a loan in the next 12 months (% of consumers) 15.5 22.1 10.5 21.1 20.9 21.2 ++
- Yes, absolutely (%) . . . 5.7 5.2 5.8  
- Possibly (%) . . . 15.5 15.7 15.4  
E1 Spending on durables, next 12 months vs. last 12 months (balance) -16.2 -9.7 -26.7 -17.0 -11.8 -14.9 +
- More (%) . . . 13.6 16.0 15.0  
- Less (%) . . . 35.6 30.0 33.2  
E2 Intention to buy a car in the next 12 months (% of consumers) 14.3 19.2 10.1 14.5 15.5 15.6 +
- Very likely (%) . . . 4.9 4.6 5.1  
- Quite likely (%) . . . 9.6 10.9 10.5  
E4 Intention to buy a dwelling in the next 12 months (% of consumers) 12.7 18.1 9.1 14.3 18.1 16.5 ++
- Yes, absolutely (%) . . . 4.2 5.3 5.4  
- Possibly (%) . . . 10.1 12.8 11.1  
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) 17.5 26.0 8.1 22.1 18.7 21.5 ++
- Very likely (%) . . . 7.4 6.8 7.1  
- Quite likely (%) . . . 14.7 11.9 14.4  
1) Long-term average, maximum and minimum figures cannot be presented for response distributions.
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.

Source: Consumer Confidence 2021, March. Statistics Finland

Inquiries: Pertti Kangassalo 029 551 3598, Tuomas Parikka 029 551 3276, consumer.confidence@stat.fi

Head of Department in charge: Hannele Orjala


Updated 29.3.2021

Referencing instructions:

Official Statistics of Finland (OSF): Consumer Confidence [e-publication].
ISSN=2669-8889. March 2021, Appendix table 1. Consumers' views and intentions 1) . Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/kbar/2021/03/kbar_2021_03_2021-03-29_tau_001_en.html