No Major Changes in Finnish Business Confidence in November


Finnish manufacturing confidence declined slightly in November. Confidence is currently above its long-term average. The confidence indicator scored +6 points in November which is two points lower than the revised figure recorded in October. The long-term average is +1.

Construction sector confidence recovered in November after a few weaker months. The indicator climbed to +15 points (revised figure +5 in October). The long-term average for the indicator is -7 points.

Service sector confidence indicator was almost unchanged at +14 points in November which is one point lower than in October. The indicator stands currently at its long-term average level (+14).

Retail trade confidence weakened in November. The indicator fell to +4 points from +11 in October. Nevertheless, the indicator is above its longterm average (-1).