The Finnish consumer confidence indicator increased to 17.2 in January of 2019 from 16.1 in the previous month. Consumers' expectations concerning their own economy improved (11.5 from 9.5) and households' expectations concerning their saving possibilities strengthened (53.6 from 50.8). Views about unemployment were moderate (6.2 from 6.5) but expectations concerning Finland’s economy remained pessimistic (at -2.6). The long-term average for the index is 12.7. Consumer Confidence in Finland averaged 12.67 Index Points from 1995 until 2019, reaching an all time high of 25.80 Index Points in February of 2018 and a record low of -6.50 Index Points in December of 2008.
Consumer Confidence in Finland is expected to be 18.80 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 20.50 in 12 months time. In the long-term, the Finland Consumer Confidence is projected to trend around 11.00 Index Points in 2020, according to our econometric models.