Consumer confidence indicator (CCI) in Finland 2020-2023

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

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Source

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Release date

November 2023

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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