Confidence Indicators Still at a Low Level

Finnish manufacturing confidence is well below its long-term average despite a small improvement. Confidence indicator scored -6 points in October, up from the revised figure of -9 in September. Confidence is well below its long-term average (+1).

The Finnish construction confidence indicator recovered from its recent slump. It reached +2 points (-12 points in September) while its long-term average is -8.

Service sector confidence indicator improved slightly in October. However, confidence is well below its long-term average of +13. The latest indicator figure is +6, it was +2 in September.

Confidence in retail trade is still at a low level. The confidence indicator scored -10 points (-16 points in September) while its long-term average is -2. Sales figures are expected to decline further during the rest of the year.

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