Finland - Consumer Confidence

Finland: Consumer Confidence

Mnemonic CIC.IFIN
Unit Balance of Opinion, NSA
Adjustments Not Seasonally Adjusted
Monthly 2.48 %
Data Apr 2019 15.7
Mar 2019 16.1

Series Information

Source Statistics Finland
Release Consumer Confidence
Frequency Monthly
Start Date 10/31/1995
End Date 4/30/2019

Release Information

The consumer survey expresses consumers’ views and intentions relating to economic matters. Consumers’ views and expectations on the development of their own and the country’s economy, and intentions on making major purchases, saving money or raise loans. 

The survey consists of various questions each month (e.g.What is your present economic situation like compared to 12 months ago?). For the full list of the questions please go to the first link in the "Notes" section below. There is a choice of five alternative responses for most questions (++,+,=,-,--). 

The arithmetic mean of four of the most important questions is called the Consumer Confidence Indicator (CCI). 

A balance figure is calculated by creating weights of the percentage shares of the different responses (+1,+0.5,0,-0,5,-1). 

The source occasionally makes revisions to improve the quality of the data. Often the data is revised as a result of more information being available. Changes in the way data is calculated might also be a reason for revisions. If there are substantial revisions the source will explain the reasoning for the changes in a separate statistical release. 

This information was taken from the source. Please go here for more information: Source

For detailed information on revisions please go here.