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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  
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 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

Referencing instructions:

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: 29.3.2024].
Access method: http://www.stat.fi/til/kbar/2020/12/kbar_2020_12_2020-12-28_tau_001_en.html