Only Small Changes in Finnish Business Confidence

The Finnish manufacturing confidence indicator lost a few points after an upswing one month earlier. Confidence weakened slightly because of weaker order books. Only slow production growth is expected. It scored -8 points, down from the revised figure of -5 in March. The long-term average is +1.

Construction confidence was unchanged at an average level.The confidence indicator stood at -5 points which is equal to the figure one month earlier. Confidence is slightly above its long-term average (-8).

Service sector confidence was stable with moderately positive sales expectations.The latest indicator figure is +9 which is one point better than the reading in March. The long-term average is +13.

Retail trade confidence improved further in April. After a long decline some minor sales growth is expected.The indicator rose to -1 point, up from -7 in March. The long-term average is -2.

• Confidence Indicators, April 2016 (pdf)
• The data (excel)