Finland: Economic sentiment improves in August
Latest reading: Economic sentiment rose to 104.2 in August, following July’s 102.6. The latest reading was above the long-term average of 100, pointing to a positive near-term outlook for the economy and the highest since March 2022.
In August, sentiment brightened in the services sector (+16.2 vs +10.7 in July), the retail sector (+16.8 vs +11.9 in July) and among consumers (-3.4 vs -5.5 in July). On the flipside, sentiment darkened in the industrial sector (+4.7 vs +6.4 in July) and the construction sector (-8.4 vs -4.8 in July).