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.
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