Finland: Economic sentiment hits over three-year high in August
Latest reading: Economic sentiment came in at 97.1 in August, up from 95.4 in July, marking the best performance since June 2022. Still, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected healthier sentiment in the industrial and construction sectors. Moreover, confidence in the services and retail sectors strengthened. Meanwhile, consumer sentiment waned in August.
Among indicators excluded from the index, employment expectations improved and the economic uncertainty index decreased in August.