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Appendix table 1. Consumers' views and intentions 1)

  Average 10/1995- Max. 10/1995- Min. 10/1995- 10/2020 09/2021 10/2021 Outlook 2)
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 -1.7 6.8 -13.9 -6.9 6.0 2.7 ++
B1 Own economy now (balance) 3.1 9.5 -5.3 3.9 9.5 6.9 ++
- Better (%) . . . 23.8 28.8 27.1  
- Worse (%) . . . 18.1 14.6 17.0  
B2 Own economy in 12 months' time (balance) 8.2 13.5 1.2 6.7 11.3 11.8 ++
- Better (%) . . . 25.6 29.3 29.4  
- Worse (%) . . . 15.2 10.9 10.5  
B3 Finland's economy now (balance) -7.8 25.9 -66.5 -61.0 -4.4 -7.8 =
- Better (%) . . . 2.9 32.3 29.8  
- Worse (%) . . . 87.5 36.5 38.9  
B4 Finland's economy in 12 months' time (balance) -2.0 20.3 -32.8 -24.9 10.6 5.0 +
- Better (%) . . . 20.5 42.0 36.6  
- Worse (%) . . . 52.2 20.6 24.5  
B5 Inflation now (per cent) 3.1 6.9 -2.7 2.0 3.0 3.3  
B6 Inflation in 12 months' time (per cent) 2.9 5.3 1.7 2.4 2.9 3.2  
B7 Unemployment in Finland in 12 months' time (balance) -10.6 20.3 -59.5 -45.5 10.1 7.2 +
- Less (%) . . . 12.2 44.5 39.3  
- More (%) . . . 76.3 21.4 21.9  
B8 Own threat of unemployment now (balance) -6.4 4.7 -26.6 -20.8 0.8 -1.8 +
- Decreased (%) . . . 4.0 11.2 9.3  
- Increased (%) . . . 33.8 10.6 13.7  
C1 Favourability of time for purchasing durables (balance) 19.5 43.5 -14.3 11.2 19.3 17.0 =
- Good time (%) . . . 29.2 32.6 29.7  
- Bad time (%) . . . 18.0 13.4 12.8  
C2 Favourability of time for saving (balance) 4.7 29.4 -28.5 5.7 26.4 23.6 ++
- Good time (%) . . . 53.1 70.7 68.3  
- Bad time (%) . . . 45.8 28.3 30.0  
C3 Favourability of time for raising a loan (balance) 7.5 31.7 -60.4 -5.9 17.8 11.3 +
- Good time (%) . . . 44.1 64.3 58.4  
- Bad time (%) . . . 53.6 34.0 39.5  
D1 Own financial situation now (balance) 22.0 33.1 6.4 30.9 32.7 31.3 ++
- Money is saved (%) . . . 64.9 65.1 63.6  
- Uses savings or gets into debt (%) . . . 9.0 9.8 10.3  
D2 Own saving possibilities in the next 12 months (balance) 40.2 53.6 9.8 49.3 48.7 48.0 +
- Can save (%) . . . 77.3 76.6 77.6  
- Cannot save (%) . . . 22.6 22.9 21.8  
D5 Intention to raise a loan in the next 12 months (% of consumers) 15.6 24.2 10.5 19.3 21.5 18.8 ++
- Yes, absolutely (%) . . . 5.1 6.0 5.7  
- Possibly (%) . . . 14.2 15.5 13.2  
E1 Spending on durables, next 12 months vs. last 12 months (balance) -16.1 -6.9 -26.7 -13.4 -7.5 -13.0 +
- More (%) . . . 14.1 16.2 14.1  
- Less (%) . . . 30.8 24.7 31.5  
E2 Intention to buy a car in the next 12 months (% of consumers) 14.4 19.2 10.1 16.0 17.1 17.3 ++
- Very likely (%) . . . 4.8 6.3 6.7  
- Quite likely (%) . . . 11.2 10.8 10.6  
E4 Intention to buy a dwelling in the next 12 months (% of consumers) 12.8 18.5 9.1 15.2 18.5 15.2 ++
- Yes, absolutely (%) . . . 4.7 5.6 5.1  
- Possibly (%) . . . 10.5 12.9 10.1  
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) 17.6 26.0 8.1 21.4 22.2 21.1 +
- Very likely (%) . . . 6.6 8.7 8.0  
- Quite likely (%) . . . 14.8 13.5 13.1  
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, October. Statistics Finland

Inquiries: Pertti Kangassalo 029 551 3598, Tara Junes 029 551 3322, consumer.confidence@stat.fi

Head of Department in charge: Hannele Orjala


Updated 27.10.2021

Referencing instructions:

Official Statistics of Finland (OSF): Consumer Confidence [e-publication].
ISSN=2669-8889. October 2021, Appendix table 1. Consumers' views and intentions 1) . Helsinki: Statistics Finland [referred: 19.4.2024].
Access method: http://www.stat.fi/til/kbar/2021/10/kbar_2021_10_2021-10-27_tau_001_en.html