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Mixed Finland Macro Data … RTT June 27, 2018 at 09:06AM

Mixed Finland Macro Data … RTT

 

Finland Consumer Confidence Falls In June

Finland’s consumer confidence weakened in June after improving in the previous month, figures from Statistics Finland showed Wednesday.

The consumer confidence dropped to 23.0 in June from 24.8 in May.

Compared with May, expectations concerning Finland’s economy and general unemployment development weakened, but were still on a good level.

Consumers’ views on their own economy and household’s saving possibilities in turn improved slightly in June.

Consumers estimated in June that consumer prices would go up by 1.8 percent over the next 12 months.

In June, 43 percent of consumers thought the time was favorable for buying durable goods, while 70 percent of them considered saving worthwhile.

The survey was conducted among 1,157 households between June 2 and 18.

by RTTNews Staff Writer

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Finland Retail Sales Rise In May

Finland’s retail sales increased in May from a year ago, preliminary figures from Statistics Finland showed Wednesday.

The retail sales value climbed 5.3 percent year-over-year in May. Similarly, the price adjusted volume of retail sales grew 3.9 percent.

In daily consumer goods trade, sales increased by 5.9 percent and the volume of sales rose by 2.5 percent in May from last year.

The statistical office will publish final sales data on July 12.

by RTTNews Staff Writer

 

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