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Finland Manufacturing Confidence Improves In October - EK

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Finland manufacturing and construction confidence increased further in October, the Confederation of Finnish Industries EK said on Tuesday.

The manufacturing confidence indicator stood at minus 15 in October, up from minus 17 in September. In the long-term average, the confidence indicator was 2.

Order books improved slightly in October, while stocks of final goods remained unchanged at low levels, the agency said.

In October, the business confidence in the service sector dropped to minus 25 from a revised minus 21 in September. Similarly, the retail trade confidence decreased to minus 17 from minus 15 in September.

Meanwhile, the construction confidence indicator improved to minus 30 in October from minus 45 in September. In the long term average, indicator stood at minus 5.

Finland manufacturing and construction confidence increased further in October, the Confederation of Finnish Industries EK said on Tuesday. (Market News Provided by RTTNews)

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