No Improvement in Finnish Business Confidence
A long-lasting weakness in Finnish manufacturing confidence continued in August. Production is expected to stagnate during the next few months.
The Finnish construction confidence indicator turned down after a clear improvement in July.However, confidence is stronger than in the first half of the year.
The service sector confidence indicator stayed rather stable in August but the indicator is below its long-term average.
Confidence in retail trade is well below its long-term average.A widespread decline in sales volumes is expected to continue during the next few months.