Consumer confidence in Finland at all-time high in January

Consumer confidence levels in Finland have never been as high as they were in January, Statistics Finland said on Monday.

The agency said the consumer confidence indicator (CCI) was at 24.2 in January, just a bit higher than the previous month's level of 24. A year ago, Finland's CCI stood at 21, the agency said. While consumers' expectations in January improved compared to the previous month, and deemed "very bright" by the agency, consumers were somewhat less confident about their savings ability. "In January, consumers regarded the time as very favourable for buying durable goods, taking out a loan and saving. Employed consumers felt in January that their personal threat of unemployment had greatly decreased in recent months," Statistics Finland said. The data is based on the agency's consumer survey, which queried nearly 1,200 residents between 2-19 January.

- Yle.fi -

31. 1. 2018