Consumer confidence strengthened in February

The confidence of consumers in national economic conditions strengthened in February, Statistics Finland reports. The estimates of consumers on the future outlook for the national economy improved particularly, while their expectations of their own economy remained modest and those of their saving possibilities good. On the other hand, their expectations regarding the unemployment situation remained bleak.

27.2.2015 8:53

The confidence of industries in national economic conditions, however, remained weak, the Confederation of Finnish Industries (EK) stated on Thursday. “Estimates about the economic situation remain cautious in all industrial sectors, and no turn for the better is expected in the months to come,” described Penna Urrila, a senior economist at EK.

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