The manufacturing confidence indicator in Finland rose by 1 point from the previous month to -12 in May 2023, but remained below its long-term average of +1. Expectations about production for the coming months were less negative. Conversely, order books declined further while stocks of finished goods also dropped but were still higher compared to the normal level. Moreover, production capacity was fully utilized by 62% of the respondents. source: Confederation of Finnish Industries (EK)
Business Confidence in Finland averaged -0.63 points from 2005 until 2023, reaching an all time high of 23.00 points in November of 2021 and a record low of -37.00 points in March of 2009. This page provides - Finland Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Industry Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Business Confidence in Finland is expected to be -4.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Industry Confidence is projected to trend around 2.00 points in 2024 and 1.00 points in 2025, according to our econometric models.