Confidence in Finnish Industries Remained Muted
EK published Business Confidence Indicators on 27th of October.
In October, the manufacturing confidence indicator increased five points from September’s figure. Confidence was -15 in October. The long-term average is +1.
The construction confidence indicator scored -16 in October, which is one point less than in September. The indicator is clearly below its long-term average which is -6.
The service sector confidence indicator scored -11 points in October, which is one point more than the revised figure in September. Confidence is far away from the long-term average (+12).
Retail trade confidence lost three points in October from September. The latest standing is -8, which is now slightly below the long-term average (-1).
