Finland Times

One year ago it received the value 6.3, Statistics Finland’s data show.

The long-term average for the confidence indicator is 12.0.

In September, consumers considered raising a loan slightly more worthwhile than purchasing of durable goods or saving, according to the data based on Statistics Finland’s Consumer Survey, for which 1,374 people resident in Finland were interviewed between 1 and 18 September.

In September, only 17 per cent of consumers believed that Finland’s economic situation would improve in the coming twelve months, while 42 per cent of them thought that the country’s economy would deteriorate.

In August, the respective proportions were 23 and 38 per cent and in last year's September, 29 and 32 per cent, according the statistics.

Altogether, nine per cent of consumers thought in September that unemployment would decrease in Finland over the year, while 66 per cent of them believed it would increase.

 In September, 38 per cent of consumers thought the time was favourable for making major purchases. Fewer households than usual, or 13 per cent of them, were fairly or very certain to buy a car and only six
per cent a dwelling during the next 12 months.

Eighteen per cent of households were planning to spend money on renovating their dwelling within a year.