Business Confidence Remained Firm in July

Finnish manufacturing confidence indicator stayed almost steady at a high level in July. It scored +8 points (+9 in June). Confidence is well above its long-term average (+1).

Confidence in the construction sector declined to -3 points, down from +3 in June. Nevertheless, the confidence indicator is slightly stronger than its long-term average (-7).

Service sector confidence stood at +23 points in July, slightly down from the previous reading of +26 points in June. The indicator is well above its long-term average (+13) and still close to its all-time high.

Retail trade confidence turned clearly up in July. The confidence indicator climbed to +16 points (revised figure +10 in June). Confidence is well above its long-term average (-2).

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