A Clear Upswing in Manufacturing Confidence


Finnish manufacturing confidence improved clearly. The confidence indicator rose to -1 in September (revised figure -8 in August).Despite the recovery, confidence is slightly below its long-term average (+1).

Despite a minor decline, construction confidence i rather robust. Finnish construction confidence indicator lost a few points in September. The confidence indicator fell to -1 points from +3 in August.

Service sector confidence stayed unchanged at +13 points in September (revised figure +13 in August, too). The indicator is equal to its long-term average.

Retail trade confidence weakened somewhat in September. The confidence indicator slipped to -7 points (revised fi gure -5 in August). Its long-term average is -2.