Solid Business Confidence in May


Finnish manufacturing confidence is currently stronger than average. The confidence indicator scored +10 points, down from +13 in April. Confidence is well above its long-term average (+1).

Construction sector confidence softened slightly but the confidence indicator was still above average as it scored +6 points (+9 in April). The long-term average is -7.

Service sector confidence indicator was almost unchanged at a high level in May. Its latest figure is +24 points, one point higher than in April. Confidence is currently well above its long-term average (+14).

Retail trade confidence improved clearly in May. The confidence indicator climbed to +17 points in (revised figure +7 in April). Long-term mean of the series is -2 points.