Confidence Indicators Well Below Average
Finnish manufacturing confidence indicator recovered somewhat from the dip one month earlier. The latest indicator figure is -7, up from -11 in September. Confidence is well below its long-term average (+2).
Construction confidence is still weak despite a minor improvement in October. The latest indicator figure is -29 points (revised figure -34 in September) while the long-term average is -7.
The service sector confidence indicator improved slightly, too. However, it is still below zero. The indicator scored -4 points in October (-9 points in September) while its long-term average is +13.
Finnish retail trade confidence was almost unchanged in October. The confidence indicator scored -22 points (-23 in September). The long-term average is -1.