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Finland Consumer Confidence Drops In August

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Thursday, the Statistics Finland announced that the consumer confidence indicator stood at 8.2 in August, down from 8.4 in July. The confidence indicator was 8.7 in a year ago.

Among the four components of the consumer confidence indicator , consumer's assessment on nation's economic situation in twelve months time, decreased to 10.8 from 11.7 in July, while the confidence regarding own economic situation in 12 months time dropped to 6.2 from 7.1. Similarly, the indicator measuring country's unemployment situation in 12 months time decreased to minus 31.5 from minus 28.6 in July.

Meanwhile, the indicator measuring households saving possibilities in the next 12 months stood at 47.3 in August, up from 43.4 in July.

Thursday, the Statistics Finland announced that the consumer confidence indicator stood at 8.2 in August, down from 8.4 in July. The confidence indicator was 8.7 in a year ago. (Market News Provided by RTTNews)

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