A similar change was recorded in the proportion of respondents who trust the reduction in unemployment over the next 12 months, from 20% to 31%.
The share of those expecting an improvement in their own financial situation in the coming months fell from 32 per cent to 29 per cent, while the share of a respondent whose own financial situation deteriorated fell from 11 per cent to 10 per cent.
The results of the consumer confidence survey are historic in a few respects, highlighted BTI: respondents not only rated their own financial situation as better than ever before in the history of the index, but also reported an unprecedented willingness to borrow, with 24 percent of them revealing their intention to borrow in the country over the next 12 months.
Statistics Finland has recently announced that more and more consumers are interested in buying a house. The same trend continued this month, and as many as one in six respondents said they were considering buying a house over the next 12 months.
About 1,000 people responded to the latest iteration of the Consumer Confidence Index.
Aleksi Teivainen – HT
Source: The Nordic Page