Confidence in Finnish Industries Declined

Business Confidence Indicators were published on 29th of August.

In August, the manufacturing confidence indicator decreased from July’s figure. Confidence was +2 in August which is three points less than the figure in July. The long-term average is +1.

The construction confidence indicator scored -16 in August, which is five points more than in July. The indicator is clearly below its long-term average which is -6.

The service sector confidence indicator scored +2 points in August, which is seven points less than the revised figure in July. Confidence is close to the long-term average (+12).

Retail trade confidence scored -19 in August which is 16 points less than in July. The latest standing is clearly below the long-term average (-1).