Business Confidence Rises in Finland

Manufacturing confidence stayed at a high level. Finnish manufacturing confidence indicator gained one point in June. The indicator scored +9 points (+8 in May). It is well above its long-term average (+1).

Confidence in the Finnish construction sector climbed to +3 points, up from -4 in May. The indicator is somewhat stronger than the long-term average (-7).

Service sector confidence strengthened to +26 points in June from +24 points in May. The indicator is well above its long-term average (+13). Service companies reported favourable development in the overall business situation.

Retail trade confidence rose somewhat in June. The indicator’s latest balance was +8, compared with +5 in May. Confidence is higher than the long-term average (-2).

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