Business outlook broadly positive

Finnish manufacturing confidence stayed rather robust in October. The indicator scored +12 points (+10 in September). Confidence is currently stronger than its long-term average (+1).

Construction sector confidence improved in October, with confidence indicator reaching +8 points (revised figure -7 in September). The indicator stands above its long-term average (-7).

Service sector confidence indicator scored +25 points in October, an improvement of one point from September. The indicator is clearly above its long-term average (+13).

Retail trade confidence has declined from a peak observed recently. The confidence indicator stands now at +8 points (revised figure +16 in September). Confidence is still clearly above its long-term average (-2).

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