Confidence in Finnish Industries Declined

Business Confidence Indicators were published on 27th of July.

In July, the manufacturing confidence indicator decreased from June’s figure. Confidence was +5 in July which is four points less than the revised figure in June. The long-term average is +1.

The construction confidence indicator scored -21 in July, which is three points less than in June. The indicator is clearly below its long-term average which is -6.

The service sector confidence indicator scored +11 points in July, which is one point more than the revised figure in June. Confidence is close to the long-term average (+12).

Retail trade confidence scored -2 in July which is one point more than in June. The latest standing is close to the long-term average (-1).