Finland: consumer confidence index 2023| Statista

Consumer confidence in Finland remained weak throughout the period from November 2020 to March 2021. In November 2021, the consumer confidence index (CCI) in Finland stood at 1.2, remaining positive as in the previous month.
Since December 2021 the consumer confidence index (CCI) shows a negative trend, declining to -18.5 in December 2022, which marks the weakest level in the observed time period. Since than the consumer confidence index (CCI) increased again, reaching -8.8 in May 2023. As of November 2023, the CCI dropped to -12.4.

The Consumer Confidence Index (CCI) expresses consumers’ sentiments, expectations, and intentions related to economic matters.

Consumer confidence indicator (CCI) in Finland monthly from November 2020 to November 2023

Characteristic	Consumer confidence indicator
Nov 2023	-12.4
Oct 2023	-12.6
Sep 2023	-11.5
Aug 2023	-8
Jul 2023	-8.8
Jun 2023	-8.8
May 2023	-8.8
Apr 2023	-7.9
Mar 2023	-10.8
Feb 2023	-11.9
Jan 2023	-12.7
Dec 2022	-18.5
Nov 2022	-16.9

-20-15-10-50510

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Release date

November 2023

More information

Region

Finland

Survey time period

November 2020 to November 2023

Method of interview

Computer-assisted telephone interviews (CATI)

Supplementary notes

The source adds the following information: "The Consumer Confidence Survey measures Finnish consumers’ confidence in the economy, that is, views and expectations about the development of their own and Finland’s general economic situation. The survey also examines consumers' intentions of making major purchases, saving and raising loans."

"The balance figures are obtained by deducting the weighted proportion of negative answers from that of positive answers. The consumer confidence indicator (CCI/A1) is the average of the balance figures for the CCI components. The components of the CCI are: consumer's own economy now (B1), consumer's own economy in 12 months (B2), Finland's economy in 12 months (B4) and consumer's spending money on major purchases in the next 12 months compared to the past 12 months (E1). The balance figures and the confidence indicator can range between -100 and +100 – the higher (positive) balance figure, the brighter the view on the economy."

"Each month, the target is a random sample of about 2,200 persons, of whom one half are first-timers and one half participate for the second time. "

The results have been weighted to represent the entire population.

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