Consumers' Confidence Remains Optimistic
Image: YLE
Consumers' confidence in the economy remained almost unchanged from the previous month in September. The consumer confidence indicator stood at 8.1 in September, having been 8.7 in August and 6.5 in July.
Compared to one year ago and the long-term average, confidence in the economy was still clearly weaker. Of the four components of the consumer confidence indicator, only expectations regarding the development of unemployment weakened from the previous month in September.
Consumers' views about own economic situation in the coming months were slightly more optimistic. In addition, consumers continued to regard their own financial situation and saving possibilities as excellent.
On the other hand, pessimistic views about Finland's economic situation persisted. September was not regarded a favourable time for making major purchases or for raising a loan, in particular. Consumers predicted lower inflation rate for the next 12 months in September than in August.