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Appendix table 1. Consumers' views and intentions 1)

  Average 10/1995- Max. 10/1995- Min. 10/1995- 05/2020 04/2021 05/2021 Outlook 2)
A1 Consumer confidence indicator, CCI = (B1+B2+B4+E1)/4 -1.8 6.8 -13.9 -9.0 3.8 2.7 ++
B1 Own economy now (balance) 3.1 9.0 -5.3 1.5 9.0 3.8 =
- Better (%) . . . 24.4 28.6 26.6  
- Worse (%) . . . 20.6 15.2 19.2  
B2 Own economy in 12 months' time (balance) 8.1 13.5 1.2 7.1 12.1 11.9 ++
- Better (%) . . . 26.9 28.7 30.5  
- Worse (%) . . . 16.9 9.7 10.0  
B3 Finland's economy now (balance) -7.7 25.9 -66.5 -64.8 -42.5 -33.0 --
- Better (%) . . . 3.2 7.2 13.4  
- Worse (%) . . . 86.8 70.8 62.1  
B4 Finland's economy in 12 months' time (balance) -2.1 20.3 -32.8 -28.1 0.8 3.7 +
- Better (%) . . . 25.6 38.2 39.9  
- Worse (%) . . . 56.7 31.9 28.4  
B5 Inflation now (per cent) 3.1 6.9 -2.7 1.8 2.3 2.7  
B6 Inflation in 12 months' time (per cent) 2.9 5.3 1.7 2.4 2.5 2.8  
B7 Unemployment in Finland in 12 months' time (balance) -10.9 20.3 -59.5 -40.6 -11.7 -1.0 +
- Less (%) . . . 16.5 30.5 38.5  
- More (%) . . . 72.3 45.9 36.1  
B8 Own threat of unemployment now (balance) -6.5 4.7 -26.6 -24.5 -8.4 -7.2 =
- Decreased (%) . . . 3.8 8.6 7.5  
- Increased (%) . . . 40.5 21.5 18.7  
C1 Favourability of time for purchasing durables (balance) 19.5 43.5 -14.3 6.5 18.1 21.6 =
- Good time (%) . . . 29.6 32.9 33.5  
- Bad time (%) . . . 23.1 14.8 11.9  
C2 Favourability of time for saving (balance) 4.5 29.4 -28.5 -6.2 17.0 17.0 ++
- Good time (%) . . . 43.2 62.5 62.2  
- Bad time (%) . . . 55.4 36.1 36.2  
C3 Favourability of time for raising a loan (balance) 7.4 31.7 -60.4 -16.6 10.9 12.7 +
- Good time (%) . . . 36.8 57.5 58.6  
- Bad time (%) . . . 61.7 41.2 39.1  
D1 Own financial situation now (balance) 21.9 32.9 6.4 27.5 32.9 31.7 ++
- Money is saved (%) . . . 61.7 65.3 64.4  
- Uses savings or gets into debt (%) . . . 11.6 9.9 10.1  
D2 Own saving possibilities in the next 12 months (balance) 40.1 53.6 9.8 45.6 51.9 53.4 ++
- Can save (%) . . . 75.7 78.9 79.6  
- Cannot save (%) . . . 24.1 20.6 20.1  
D5 Intention to raise a loan in the next 12 months (% of consumers) 15.6 24.2 10.5 17.1 24.2 19.2 ++
- Yes, absolutely (%) . . . 4.1 6.5 5.9  
- Possibly (%) . . . 13.1 17.7 13.3  
E1 Spending on durables, next 12 months vs. last 12 months (balance) -16.2 -6.9 -26.7 -16.6 -6.9 -8.4 ++
- More (%) . . . 14.1 19.5 16.2  
- Less (%) . . . 35.2 27.8 25.5  
E2 Intention to buy a car in the next 12 months (% of consumers) 14.3 19.2 10.1 12.9 16.1 15.1 +
- Very likely (%) . . . 3.9 5.2 4.2  
- Quite likely (%) . . . 9.1 10.8 10.8  
E4 Intention to buy a dwelling in the next 12 months (% of consumers) 12.7 18.1 9.1 14.9 16.8 16.8 ++
- Yes, absolutely (%) . . . 3.8 5.7 4.9  
- Possibly (%) . . . 11.1 11.2 11.8  
E5 Intention to spend money on basic repairs of dwelling in the next 12 months (% of consumers) 17.5 26.0 8.1 20.1 23.0 22.6 ++
- Very likely (%) . . . 6.4 9.7 8.9  
- Quite likely (%) . . . 13.6 13.2 13.6  
1) Long-term average, maximum and minimum figures cannot be presented for response distributions.
2) Outlook: ++ very good, + good, = neutral, - poor, -- very poor; deviation of balance from average has been compared to standard deviation.

Source: Consumer Confidence 2021, May. 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 27.5.2021

Referencing instructions:

Official Statistics of Finland (OSF): Consumer Confidence [e-publication].
ISSN=2669-8889. May 2021, Appendix table 1. Consumers' views and intentions 1) . Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/kbar/2021/05/kbar_2021_05_2021-05-27_tau_001_en.html