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Appendix table 1. Consumers' views and intentions 1)

  Average 10/1995- Max. 10/1995- Min. 10/1995- 09/2019 08/2020 09/2020 Outlook 2)
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 -1.8 6.8 -13.9 -4.2 -5.1 -5.9 --
B1 Own economy now (balance) 3.1 8.6 -5.3 8.1 0.7 2.3 =
- Better (%) . . . 28.3 23.5 23.3  
- Worse (%) . . . 14.6 21.8 20.6  
B2 Own economy in 12 months' time (balance) 8.0 13.5 1.2 8.5 9.8 7.0 -
- Better (%) . . . 27.1 29.0 27.3  
- Worse (%) . . . 13.4 13.7 15.2  
B3 Finland's economy now (balance) -6.6 25.9 -66.5 -14.9 -59.2 -57.7 --
- Better (%) . . . 11.4 2.2 2.2  
- Worse (%) . . . 37.8 85.8 84.2  
B4 Finland's economy in 12 months' time (balance) -1.9 20.3 -32.8 -20.7 -16.8 -18.1 --
- Better (%) . . . 9.6 23.2 24.6  
- Worse (%) . . . 46.7 45.6 46.1  
B5 Inflation now (per cent) 3.1 6.9 -2.7 2.6 2.3 2.0  
B6 Inflation in 12 months' time (per cent) 2.9 5.3 1.7 2.5 2.5 2.2  
B7 Unemployment in Finland in 12 months' time (balance) -10.5 20.3 -59.5 -12.2 -26.8 -39.9 --
- Less (%) . . . 18.0 16.7 13.0  
- More (%) . . . 38.4 60.2 70.6  
B8 Own threat of unemployment now (balance) -6.2 4.7 -26.6 -6.2 -18.5 -22.1 --
- Decreased (%) . . . 6.4 4.4 4.4  
- Increased (%) . . . 15.8 32.9 37.7  
C1 Favourability of time for purchasing durables (balance) 19.6 43.5 -14.3 17.8 10.3 9.7 -
- Good time (%) . . . 27.8 28.3 27.6  
- Bad time (%) . . . 10.0 18.0 17.9  
C2 Favourability of time for saving (balance) 4.3 29.4 -28.5 13.4 3.4 6.7 =
- Good time (%) . . . 60.7 49.9 53.5  
- Bad time (%) . . . 37.9 48.7 45.6  
C3 Favourability of time for raising a loan (balance) 7.5 31.7 -60.4 25.1 -1.6 -6.5 -
- Good time (%) . . . 69.5 47.8 43.7  
- Bad time (%) . . . 29.3 50.2 54.2  
D1 Own financial situation now (balance) 21.6 31.0 6.4 29.6 30.3 30.0 ++
- Money is saved (%) . . . 63.0 64.7 63.4  
- Uses savings or gets into debt (%) . . . 9.9 10.3 10.4  
D2 Own saving possibilities in the next 12 months (balance) 39.8 53.6 9.8 51.2 47.7 47.6 +
- Can save (%) . . . 78.6 77.0 77.0  
- Cannot save (%) . . . 21.0 22.9 22.5  
D5 Intention to raise a loan in the next 12 months (% of consumers) 15.4 22.1 10.5 19.2 20.3 22.1 ++
- Yes, absolutely (%) . . . 5.1 5.8 6.2  
- Possibly (%) . . . 14.1 14.5 15.9  
E1 Spending on durables, next 12 months vs. last 12 months (balance) -16.3 -9.7 -26.7 -12.6 -13.9 -14.8 +
- More (%) . . . 15.5 13.9 13.6  
- Less (%) . . . 31.1 31.2 32.3  
E2 Intention to buy a car in the next 12 months (% of consumers) 14.3 19.2 10.1 13.9 14.8 15.8 +
- Very likely (%) . . . 4.8 4.2 5.0  
- Quite likely (%) . . . 9.2 10.6 10.7  
E4 Intention to buy a dwelling in the next 12 months (% of consumers) 12.6 17.9 9.1 16.5 16.3 17.9 ++
- Yes, absolutely (%) . . . 4.7 4.2 6.1  
- Possibly (%) . . . 11.8 12.1 11.8  
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) 17.4 26.0 8.1 20.8 19.5 20.5 +
- Very likely (%) . . . 7.6 6.6 7.1  
- Quite likely (%) . . . 13.2 13.0 13.4  
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, September. 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 28.9.2020

Referencing instructions:

Official Statistics of Finland (OSF): Consumer Confidence [e-publication].
ISSN=2669-8889. September 2020, Appendix table 1. Consumers' views and intentions 1) . Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/kbar/2020/09/kbar_2020_09_2020-09-28_tau_001_en.html