Appendix table 1. Consumers' views and intentions 1)
Average 10/1995- | Max. 10/1995- | Min. 10/1995- | 05/2020 | 04/2021 | 05/2021 | Outlook 2) | |
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 | -1.8 | 6.8 | -13.9 | -9.0 | 3.8 | 2.7 | ++ |
B1 Own economy now (balance) | 3.1 | 9.0 | -5.3 | 1.5 | 9.0 | 3.8 | = |
- Better (%) | . | . | . | 24.4 | 28.6 | 26.6 | |
- Worse (%) | . | . | . | 20.6 | 15.2 | 19.2 | |
B2 Own economy in 12 months' time (balance) | 8.1 | 13.5 | 1.2 | 7.1 | 12.1 | 11.9 | ++ |
- Better (%) | . | . | . | 26.9 | 28.7 | 30.5 | |
- Worse (%) | . | . | . | 16.9 | 9.7 | 10.0 | |
B3 Finland's economy now (balance) | -7.7 | 25.9 | -66.5 | -64.8 | -42.5 | -33.0 | -- |
- Better (%) | . | . | . | 3.2 | 7.2 | 13.4 | |
- Worse (%) | . | . | . | 86.8 | 70.8 | 62.1 | |
B4 Finland's economy in 12 months' time (balance) | -2.1 | 20.3 | -32.8 | -28.1 | 0.8 | 3.7 | + |
- Better (%) | . | . | . | 25.6 | 38.2 | 39.9 | |
- Worse (%) | . | . | . | 56.7 | 31.9 | 28.4 | |
B5 Inflation now (per cent) | 3.1 | 6.9 | -2.7 | 1.8 | 2.3 | 2.7 | |
B6 Inflation in 12 months' time (per cent) | 2.9 | 5.3 | 1.7 | 2.4 | 2.5 | 2.8 | |
B7 Unemployment in Finland in 12 months' time (balance) | -10.9 | 20.3 | -59.5 | -40.6 | -11.7 | -1.0 | + |
- Less (%) | . | . | . | 16.5 | 30.5 | 38.5 | |
- More (%) | . | . | . | 72.3 | 45.9 | 36.1 | |
B8 Own threat of unemployment now (balance) | -6.5 | 4.7 | -26.6 | -24.5 | -8.4 | -7.2 | = |
- Decreased (%) | . | . | . | 3.8 | 8.6 | 7.5 | |
- Increased (%) | . | . | . | 40.5 | 21.5 | 18.7 | |
C1 Favourability of time for purchasing durables (balance) | 19.5 | 43.5 | -14.3 | 6.5 | 18.1 | 21.6 | = |
- Good time (%) | . | . | . | 29.6 | 32.9 | 33.5 | |
- Bad time (%) | . | . | . | 23.1 | 14.8 | 11.9 | |
C2 Favourability of time for saving (balance) | 4.5 | 29.4 | -28.5 | -6.2 | 17.0 | 17.0 | ++ |
- Good time (%) | . | . | . | 43.2 | 62.5 | 62.2 | |
- Bad time (%) | . | . | . | 55.4 | 36.1 | 36.2 | |
C3 Favourability of time for raising a loan (balance) | 7.4 | 31.7 | -60.4 | -16.6 | 10.9 | 12.7 | + |
- Good time (%) | . | . | . | 36.8 | 57.5 | 58.6 | |
- Bad time (%) | . | . | . | 61.7 | 41.2 | 39.1 | |
D1 Own financial situation now (balance) | 21.9 | 32.9 | 6.4 | 27.5 | 32.9 | 31.7 | ++ |
- Money is saved (%) | . | . | . | 61.7 | 65.3 | 64.4 | |
- Uses savings or gets into debt (%) | . | . | . | 11.6 | 9.9 | 10.1 | |
D2 Own saving possibilities in the next 12 months (balance) | 40.1 | 53.6 | 9.8 | 45.6 | 51.9 | 53.4 | ++ |
- Can save (%) | . | . | . | 75.7 | 78.9 | 79.6 | |
- Cannot save (%) | . | . | . | 24.1 | 20.6 | 20.1 | |
D5 Intention to raise a loan in the next 12 months (% of consumers) | 15.6 | 24.2 | 10.5 | 17.1 | 24.2 | 19.2 | ++ |
- Yes, absolutely (%) | . | . | . | 4.1 | 6.5 | 5.9 | |
- Possibly (%) | . | . | . | 13.1 | 17.7 | 13.3 | |
E1 Spending on durables, next 12 months vs. last 12 months (balance) | -16.2 | -6.9 | -26.7 | -16.6 | -6.9 | -8.4 | ++ |
- More (%) | . | . | . | 14.1 | 19.5 | 16.2 | |
- Less (%) | . | . | . | 35.2 | 27.8 | 25.5 | |
E2 Intention to buy a car in the next 12 months (% of consumers) | 14.3 | 19.2 | 10.1 | 12.9 | 16.1 | 15.1 | + |
- Very likely (%) | . | . | . | 3.9 | 5.2 | 4.2 | |
- Quite likely (%) | . | . | . | 9.1 | 10.8 | 10.8 | |
E4 Intention to buy a dwelling in the next 12 months (% of consumers) | 12.7 | 18.1 | 9.1 | 14.9 | 16.8 | 16.8 | ++ |
- Yes, absolutely (%) | . | . | . | 3.8 | 5.7 | 4.9 | |
- Possibly (%) | . | . | . | 11.1 | 11.2 | 11.8 | |
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) | 17.5 | 26.0 | 8.1 | 20.1 | 23.0 | 22.6 | ++ |
- Very likely (%) | . | . | . | 6.4 | 9.7 | 8.9 | |
- Quite likely (%) | . | . | . | 13.6 | 13.2 | 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 2021, May. 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 27.5.2021
Official Statistics of Finland (OSF):
Consumer Confidence [e-publication].
ISSN=2669-8889. May 2021,
Appendix table 1. Consumers' views and intentions 1)
. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/kbar/2021/05/kbar_2021_05_2021-05-27_tau_001_en.html