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Appendix table 1. Consumers' views and intentions 1)

  Average 10/1995- Max. 10/1995- Min. 10/1995- 02/2020 01/2021 02/2021 Outlook 2)
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 -1.8 6.8 -13.9 -4.5 -0.9 -0.8 +
B1 Own economy now (balance) 3.0 8.6 -5.3 3.5 3.2 -1.7 --
- Better (%) . . . 24.2 24.7 22.1  
- Worse (%) . . . 18.6 19.6 25.1  
B2 Own economy in 12 months' time (balance) 8.1 13.5 1.2 6.8 10.8 12.7 ++
- Better (%) . . . 24.8 30.7 32.8  
- Worse (%) . . . 13.5 12.3 10.9  
B3 Finland's economy now (balance) -7.4 25.9 -66.5 -14.5 -50.5 -48.8 --
- Better (%) . . . 11.0 3.9 4.3  
- Worse (%) . . . 35.3 79.7 78.5  
B4 Finland's economy in 12 months' time (balance) -2.1 20.3 -32.8 -14.3 -2.5 -2.1 =
- Better (%) . . . 13.6 35.1 35.5  
- Worse (%) . . . 37.1 33.3 34.1  
B5 Inflation now (per cent) 3.1 6.9 -2.7 2.8 2.2 2.3  
B6 Inflation in 12 months' time (per cent) 2.9 5.3 1.7 2.7 2.3 2.4  
B7 Unemployment in Finland in 12 months' time (balance) -10.8 20.3 -59.5 -5.0 -20.7 -20.7 -
- Less (%) . . . 25.7 24.5 24.4  
- More (%) . . . 32.5 54.8 56.2  
B8 Own threat of unemployment now (balance) -6.4 4.7 -26.6 -5.7 -16.9 -11.9 -
- Decreased (%) . . . 6.4 5.4 5.2  
- Increased (%) . . . 16.4 29.8 24.6  
C1 Favourability of time for purchasing durables (balance) 19.5 43.5 -14.3 19.5 16.9 20.4 =
- Good time (%) . . . 30.0 32.7 33.8  
- Bad time (%) . . . 10.5 15.8 13.4  
C2 Favourability of time for saving (balance) 4.4 29.4 -28.5 19.9 12.8 11.0 +
- Good time (%) . . . 65.5 59.3 55.9  
- Bad time (%) . . . 33.1 40.2 42.2  
C3 Favourability of time for raising a loan (balance) 7.4 31.7 -60.4 23.4 4.6 6.5 =
- Good time (%) . . . 68.3 53.3 53.4  
- Bad time (%) . . . 29.9 45.3 44.4  
D1 Own financial situation now (balance) 21.8 31.0 6.4 28.4 30.1 28.6 ++
- Money is saved (%) . . . 60.4 63.0 62.3  
- Uses savings or gets into debt (%) . . . 9.5 10.5 12.2  
D2 Own saving possibilities in the next 12 months (balance) 39.9 53.6 9.8 48.3 50.1 48.3 +
- Can save (%) . . . 76.5 77.8 75.9  
- Cannot save (%) . . . 23.3 22.0 23.6  
D5 Intention to raise a loan in the next 12 months (% of consumers) 15.5 22.1 10.5 19.9 18.5 20.9 ++
- Yes, absolutely (%) . . . 5.3 5.1 5.2  
- Possibly (%) . . . 14.6 13.3 15.7  
E1 Spending on durables, next 12 months vs. last 12 months (balance) -16.2 -9.7 -26.7 -14.0 -14.9 -11.8 ++
- More (%) . . . 14.8 14.4 16.0  
- Less (%) . . . 32.5 33.3 30.0  
E2 Intention to buy a car in the next 12 months (% of consumers) 14.3 19.2 10.1 13.9 15.1 15.5 +
- Very likely (%) . . . 4.9 4.4 4.6  
- Quite likely (%) . . . 9.0 10.7 10.9  
E4 Intention to buy a dwelling in the next 12 months (% of consumers) 12.7 18.1 9.1 14.4 16.6 18.1 ++
- Yes, absolutely (%) . . . 4.6 4.5 5.3  
- Possibly (%) . . . 9.8 12.0 12.8  
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) 17.5 26.0 8.1 18.7 23.5 18.7 +
- Very likely (%) . . . 6.3 8.5 6.8  
- Quite likely (%) . . . 12.5 15.1 11.9  
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, February. 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 25.2.2021

Referencing instructions:

Official Statistics of Finland (OSF): Consumer Confidence [e-publication].
ISSN=2669-8889. February 2021, Appendix table 1. Consumers' views and intentions 1) . Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/kbar/2021/02/kbar_2021_02_2021-02-25_tau_001_en.html