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Home BUSINESSConsumer confidence downs further
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Wed, 29 May, 2013 12:01:14 AM
FTimes Report, May 29
Source: Statistics Finland.
The consumer confidence in Finland weakened further in the last month mainly due to rising unemployment.
In May, the consumer confidence indicator stood at 5.0, while in April it was 6.4 and in March 10.2.
The latest reading was also far below from its long-term average of 12.4.
Source: Statistics Finland.
The data released on the basis of Statistics Finland Consumer Survey indicated that confidence in the economy was clearly weaker than a year ago in May (12.0).
A total 1,403 persons, resident in Finland, were interviewed between May 2 and May 17 for preparing the data.
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