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Tuesday, Statistics Finland announced that its consumer confidence index stood at 12.3 in October, up from 11.7 in September and 8.2 in August. The confidence indicator was at minus 0.2 a year ago.
In October, three of the four components that make up the index were positive. The indicator measuring own economic situation in 12 months' time increased to 9 in October from 6.6 in September. The index measuring Finland's economic situation in 12 months' time grew to 21.4 from 19.5, while consumers' assessment on households' saving possibilities in the next 12 months fell to 43 from 47.8.
On the other hand, the index measuring the nation's unemployment situation in 12 months' time remained gloomy at minus 24.1 in October, compared to minus 27 in September.
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