The Finnish consumer confidence indicator declined to 1.2 in November of 2021 from 2.7 in the previous month, reaching the lowest reading since March. Expectations regarding Finland's economy in 12 months deteriorated into negative territory (-2.4 vs 5.0 in October), while expectations concerning their own economy weakened (10.7 vs 11.8). At the same time, intentions to spend money on durable goods in the next 12 months (14.6 vs 17) and consumers’ views on the economy (-14.5 vs -7.8) weakened. source: Statistics Finland

Consumer Confidence in Finland averaged -1.67 points from 1995 until 2021, reaching an all time high of 6.80 points in December of 2017 and a record low of -13.90 points in April of 2020. This page provides the latest reported value for - Finland Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Finland Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Consumer Confidence in Finland is expected to be 3.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Consumer Confidence is projected to trend around -2.20 points in 2022 and -1.80 points in 2023, according to our econometric models.

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Finland Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-10-27 05:00 AM Oct 2.7 6 4.2
2021-11-29 06:00 AM Nov 1.2 2.7 2.1
2021-12-28 06:00 AM Dec 1.2 3.7


Related Last Previous Unit Reference
Consumer Confidence 1.20 2.70 points Nov/21
Retail Sales Mom 0.60 -0.80 percent Aug/21
Retail Sales Yoy 4.90 5.50 percent Aug/21
Consumer Spending 29629.00 29075.00 EUR Million Jun/21
Personal Savings 2.90 5.40 percent Jun/21

News Stream
Finnish Consumer Confidence Weakest in 8 Months
The Finnish consumer confidence indicator declined to 1.2 in November of 2021 from 2.7 in the previous month, reaching the lowest reading since March. Expectations regarding Finland's economy in 12 months deteriorated into negative territory (-2.4 vs 5.0 in October), while expectations concerning their own economy weakened (10.7 vs 11.8). At the same time, intentions to spend money on durable goods in the next 12 months (14.6 vs 17) and consumers’ views on the economy (-14.5 vs -7.8) weakened.
2021-11-29
Finnish Consumer Sentiment Weakest in 5 Months
The Finnish consumer confidence indicator declined to 2.7 in October of 2021 from 6.0 in the previous month, reaching the lowest reading since May. Expectations regarding Finland's economy in 12 months weakened sharply (5.0 vs 10.5 in September), consumers’ views on the economy deteriorated (6.9 vs 9.5), and intentions to spend money on durable goods in the next 12 months were more negative (-13.0 vs -7.5). Meantime, expectations concerning their own economy was little changed (11.8 vs 11.3).
2021-10-27
Finnish Consumer Confidence Strongest Since 2017
The Finnish consumer confidence indicator increased to 6.0 in September of 2021 from 4.0 in the previous month, reaching the highest reading since December 2017, as expectations regarding Finland's economy in 12 months strengthened sharply (10.6 vs 4.0 in August). Also, consumers’ views on the economy improved (9.5 vs 9.3), while intentions to spend money on durable goods in the next 12 months less negative (-7.5 vs -8.8). Meantime, expectations concerning their own economy weakened slightly (11.3 vs 11.6).
2021-09-27

Finland Consumer Confidence
In Finland, the Statistics of Finland consumer survey expresses consumers’ views and intentions relating to economic matters. The data system of Statistics Finland’s consumer survey is comprised of respondent-specific original data from phones interviews, which may not be disclosed, and published data concerning reply distributions and time series. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend.