Confidence in Finnish industries on wane
Published : 29 Nov 2022, 01:12
The confidence in Finnish industries decreased further in November, according to the Business Confidence Indicators released by the Confederation of Finnish Industries' (EK) on Monday.
In November, the manufacturing confidence indicator decreased from October’s figure. Confidence was minus 7 in November which is two points less than the figure in October. The long-term average is +1.
The construction confidence indicator scored minus 12 in November, which is three points less than in October. The indicator is below its long-term average which is minus 6.
The service sector confidence indicator scored +1 points in November, which is four points less than the figure in October. Confidence is below the long-term average (+12).
Retail trade confidence scored minus 12 in November which is four points more than the figure in October. The latest standing is still clearly below the long-term average (minus1).
Editor-in-Chief Ofiul Hasnat,
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