Thursday, September 27, 2012

Finland's Business Confidence Remains Weak

SmarForexNews

MT5-Finland's business confidence continued to be weak in September, data from a survey by the Confederation of Finnish Industries showed Thursday.
The manufacturing confidence index came in at -8 points, little changed from -9 points recorded in August, which was revised down from -7 points. The measures of production expectations and order books showed weakness during the month, while stocks of final goods decreased modestly.
The corresponding indicator for the construction sector dropped to -24 points in September from -20 points in August, indicating a further deterioration in confidence.
Meanwhile, the indicator of sentiment among Finnish traders improved to -4 points in September from -6 points. The service sector confidence index recovered slightly to 2 points from 0 points in August, data showed.

Published: 2012-09-27 06:28:00 UTC+00 16 hours, 54 min. ago

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