Finland Consumer Confidence Improves, Industrial Morale Weakens

Finland’s consumer confidence improved and industrial morale declined in February, separate survey results showed on Thursday.

The consumer sentiment index rose to -0.8 in February from -0.9 in January, Statistics Finland said.

Among the four components, households’ expectations of their own [economy][1] at present weakened in February, while all the other components increased.

The data was collected from 994 persons between February 1 and 16.

Data from the Confederation of Finnish Industries showed that the manufacturing confidence index fell three points to -3 in February from 0 in January. The reading was below the long-term average of +1.

The construction confidence indicator decreased to -23 in February from -19 in January. The reading was weaker than its long-term average of -7.

The service sector confidence indicator remained unchanged at -4 in February.

The retail trade confidence gained two points to -1 in February, which was above the long-term average of -1.

For comments and feedback contact: editorial@rttnews.com

[Economic News][1]

What parts of the world are seeing the best (and worst) economic performances lately? Click[here][2] to check out our [Econ Scorecard][2] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][3], [unemployment rate][4], [inflation][5] and much more.

  1. www.rttnews.com/Content/EconomicNews.aspx
  2. www.rttnews.com/economic-scorecard/world-rank/PPI/highest-performance.aspx
  3. www.rttnews.com/economic-scorecard/world-rank/GDP/highest-performance.aspx
  4. www.rttnews.com/economic-scorecard/world-rank/unemployment-rate/lowest-performance.aspx
  5. www.rttnews.com/economic-scorecard/world-rank/CPI/highest-performance.aspx