Finnish Consumer Confidence Highest Since 2022

Finland’s consumer confidence indicator increased to -3.0 in August 2026 from -5.3 in each of the previous two months. It was the highest reading since February 2022, when the indicator was in positive territory, though it remained slightly below the long-term average of -2.9. Consumers expected the country’s economy to strengthen sharply over the next 12 months (-2.4 vs -4.7 in July), while their assessment of their current personal financial situation turned positive (0.1 vs -2.2), and confidence about their own finances over the next 12 months remained steady (at 8.1). Consumers continued to regard the timing for purchasing durable goods as less unfavorable (-12.7 vs -15.9), while their intention to save improved (-6.6 vs -9.6), as did their spending intentions (-17.8 vs -22.4). Unemployment expectations were also less pessimistic (-14.9 vs -19.5), while inflation expectations increased to 4.2% from 3.7% in July.

Finland’s consumer confidence stood at -5.3 in July 2026, unchanged from the previous month and remaining well below the long-term average of -2.9. Still, it was the highest reading since February 2022, when the indicator was last in positive territory. Expectations for the national economy over the next 12 months improved slightly (8.1 vs 7.0 in June), while views on Finland's economy also became less pessimistic (-4.7 vs -6.3). Households were slightly more optimistic about their own finances (-2.2 vs -3.0), although assessments of the current economic situation remained weak. Consumers continued to view the timing for purchasing durable goods as highly unfavorable (-15.9 vs -13.0), with spending intentions declining further (-22.4 vs -18.8). Meanwhile, unemployment expectations remained pessimistic (-19.5 vs -18.7), while inflation expectations eased to 3.7% from 3.9% in June.

Finland’s consumer confidence indicator increased to -5.3 in June 2026 from -10.5 in May. It was the highest reading since February 2022, when the indicator was in positive territory, though it remained well below the long-term average of -2.9. Consumers expected the country's economy to strengthen sharply over the next 12 months (-6.3 vs -21.9 in May), while their assessment of their current personal financial situation remained steady (at -3.0), and they became much more optimistic about their own finances over the next 12 months (7.0 vs 4.6 in May). Consumers continued to regard the timing for purchasing durable goods as less unfavorable (-13.0 vs -16.8), while their intention to save improved (-9.6 vs -11.4). Meanwhile, labor market sentiment improved, with 21% of consumers expecting unemployment to decline over the next year. However, inflation expectations remained elevated, with expected inflation holding at 4.6% over the next 12 months.