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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  
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, July. Statistics Finland

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

Director in charge: Jari Tarkoma


Updated 27.7.2020

Referencing instructions:

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: 28.3.2024].
Access method: http://www.stat.fi/til/kbar/2020/07/kbar_2020_07_2020-07-27_tau_001_en.html