Appendix table 1. Consumers' views and intentions 1)
Average 10/1995- | Max. 10/1995- | Min. 10/1995- | 10/2019 | 09/2020 | 10/2020 | Outlook 2) | |
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 | -1.8 | 6.8 | -13.9 | -6.6 | -5.9 | -6.9 | -- |
B1 Own economy now (balance) | 3.1 | 8.6 | -5.3 | 5.2 | 2.3 | 3.9 | + |
- Better (%) | . | . | . | 26.6 | 23.3 | 23.8 | |
- Worse (%) | . | . | . | 18.0 | 20.6 | 18.1 | |
B2 Own economy in 12 months' time (balance) | 8.0 | 13.5 | 1.2 | 7.4 | 7.0 | 6.7 | - |
- Better (%) | . | . | . | 26.4 | 27.3 | 25.6 | |
- Worse (%) | . | . | . | 14.4 | 15.2 | 15.2 | |
B3 Finland's economy now (balance) | -6.8 | 25.9 | -66.5 | -15.9 | -57.7 | -61.0 | -- |
- Better (%) | . | . | . | 9.2 | 2.2 | 2.9 | |
- Worse (%) | . | . | . | 37.4 | 84.2 | 87.5 | |
B4 Finland's economy in 12 months' time (balance) | -2.0 | 20.3 | -32.8 | -22.5 | -18.1 | -24.9 | -- |
- Better (%) | . | . | . | 9.9 | 24.6 | 20.5 | |
- Worse (%) | . | . | . | 48.1 | 46.1 | 52.2 | |
B5 Inflation now (per cent) | 3.1 | 6.9 | -2.7 | 2.6 | 2.0 | 2.0 | |
B6 Inflation in 12 months' time (per cent) | 2.9 | 5.3 | 1.7 | 2.7 | 2.2 | 2.4 | |
B7 Unemployment in Finland in 12 months' time (balance) | -10.6 | 20.3 | -59.5 | -11.8 | -39.9 | -45.5 | -- |
- Less (%) | . | . | . | 19.5 | 13.0 | 12.2 | |
- More (%) | . | . | . | 39.9 | 70.6 | 76.3 | |
B8 Own threat of unemployment now (balance) | -6.2 | 4.7 | -26.6 | -6.4 | -22.1 | -20.8 | -- |
- Decreased (%) | . | . | . | 6.8 | 4.4 | 4.0 | |
- Increased (%) | . | . | . | 17.9 | 37.7 | 33.8 | |
C1 Favourability of time for purchasing durables (balance) | 19.6 | 43.5 | -14.3 | 16.5 | 9.7 | 11.2 | - |
- Good time (%) | . | . | . | 28.3 | 27.6 | 29.2 | |
- Bad time (%) | . | . | . | 11.9 | 17.9 | 18.0 | |
C2 Favourability of time for saving (balance) | 4.3 | 29.4 | -28.5 | 14.5 | 6.7 | 5.7 | = |
- Good time (%) | . | . | . | 61.0 | 53.5 | 53.1 | |
- Bad time (%) | . | . | . | 36.3 | 45.6 | 45.8 | |
C3 Favourability of time for raising a loan (balance) | 7.5 | 31.7 | -60.4 | 18.7 | -6.5 | -5.9 | - |
- Good time (%) | . | . | . | 64.6 | 43.7 | 44.1 | |
- Bad time (%) | . | . | . | 33.4 | 54.2 | 53.6 | |
D1 Own financial situation now (balance) | 21.7 | 31.0 | 6.4 | 29.4 | 30.0 | 30.9 | ++ |
- Money is saved (%) | . | . | . | 61.9 | 63.4 | 64.9 | |
- Uses savings or gets into debt (%) | . | . | . | 10.1 | 10.4 | 9.0 | |
D2 Own saving possibilities in the next 12 months (balance) | 39.8 | 53.6 | 9.8 | 47.7 | 47.6 | 49.3 | + |
- Can save (%) | . | . | . | 76.2 | 77.0 | 77.3 | |
- Cannot save (%) | . | . | . | 23.6 | 22.5 | 22.6 | |
D5 Intention to raise a loan in the next 12 months (% of consumers) | 15.5 | 22.1 | 10.5 | 20.2 | 22.1 | 19.3 | ++ |
- Yes, absolutely (%) | . | . | . | 6.3 | 6.2 | 5.1 | |
- Possibly (%) | . | . | . | 13.9 | 15.9 | 14.2 | |
E1 Spending on durables, next 12 months vs. last 12 months (balance) | -16.3 | -9.7 | -26.7 | -16.5 | -14.8 | -13.4 | + |
- More (%) | . | . | . | 12.6 | 13.6 | 14.1 | |
- Less (%) | . | . | . | 34.0 | 32.3 | 30.8 | |
E2 Intention to buy a car in the next 12 months (% of consumers) | 14.3 | 19.2 | 10.1 | 17.9 | 15.8 | 16.0 | + |
- Very likely (%) | . | . | . | 6.5 | 5.0 | 4.8 | |
- Quite likely (%) | . | . | . | 11.4 | 10.7 | 11.2 | |
E4 Intention to buy a dwelling in the next 12 months (% of consumers) | 12.6 | 17.9 | 9.1 | 15.6 | 17.9 | 15.2 | ++ |
- Yes, absolutely (%) | . | . | . | 5.4 | 6.1 | 4.7 | |
- Possibly (%) | . | . | . | 10.2 | 11.8 | 10.5 | |
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) | 17.4 | 26.0 | 8.1 | 19.7 | 20.5 | 21.4 | ++ |
- Very likely (%) | . | . | . | 7.5 | 7.1 | 6.6 | |
- Quite likely (%) | . | . | . | 12.2 | 13.4 | 14.8 |
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.
Source: Consumer Confidence 2020, October. 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 27.10.2020
Official Statistics of Finland (OSF):
Consumer Confidence [e-publication].
ISSN=2669-8889. October 2020,
Appendix table 1. Consumers' views and intentions 1)
. Helsinki: Statistics Finland [referred: 17.8.2024].
Access method: http://www.stat.fi/til/kbar/2020/10/kbar_2020_10_2020-10-27_tau_001_en.html