The Finnish consumer confidence indicator declined to -4.5 in August 2019 from -3.9 in the previous month, as the expectations on the country's economy were very pessimistic, while the views on consumers’ own economy both now and in the future were subdued. Meanwhile, the assessment concerning consumers’ own current economic situation improved and intentions to spend money on durable goods were slightly higher than average in August. Consumer Confidence in Finland averaged 11.45 Index Points from 1995 until 2019, reaching an all time high of 24.10 Index Points in May of 2017 and a record low of -6.50 Index Points in December of 2008.
Consumer Confidence in Finland is expected to be -5.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Finland to stand at -2.30 in 12 months time. In the long-term, the Finland Consumer Confidence is projected to trend around 1.00 Index Points in 2020, according to our econometric models.