Finland’s consumer and industrial confidence improved in December, separate survey results showed on Monday.
The consumer sentiment index rose to -4.6 in December from -4.8 in November, Statistics Finland said.
Among the four components, households’ intention to spend money on durable goods declined slightly in December.
Meanwhile, views on the current state of the own [economy][1], expectations concerning Finland’s economy and expectation concerning one’s own economy increased in December.
The data was collected from 1,133 persons between December 1 and 16.
Data from the Confederation of Finnish Industries showed that the manufacturing confidence index rose eight points to -5 in December from -13 in November. The reading was well below the long-term average of +1.
The construction confidence indicator increased to -15 in December from -16 in November. The reading was weaker than its long-term average of -6.
Likewise, the service sector confidence indicator rose to -11 points in December from -13 in the previous month.
The retail trade confidence gained two points to -1 in December, which was same as the long-term average of -1.
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