Confidence in Finnish Industries Stable

27.10.2022

Business Confidence Indicators were released on 27th of October.

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

The construction confidence indicator scored -9 in October, which is three points less than in September. The indicator is below its long-term average which is -6.

The service sector confidence indicator scored +5 points in October, which is three points more than the revised figure in September. Confidence is below the long-term average (+12).

Retail trade confidence scored -16 in October which is four points more than the revised figure in September. The latest standing is still clearly below the long-term average (-1).