Slightly Weaker Business Confidence in October

29.10.2018

Finnish manufacturing confidence stayed nearly unchanged at a relatively solid level. The confidence indicator scored +9 points in October, whereas in September its revised figure was +10 The indicator is well above its long-term average (+1).

Construction sector confidence weakened in October. The indicator fell to +4 points (+8 in September). The long-term average for the indicator is -7 points.

Service sector confidence indicator stood at +15 points in October, down from +20 points in September. Its current level is close to the long-term average (+14).

Retail trade confidence was roughly unchanged in October. The indicator scored +11 points, which is one point less than its previous figure. The indicator is well above its long-term average (-1).