The manufacturing confidence indicator in Finland fell by two points from the prior month to -7 in November 2022, remaining below the long-term average of +1. It was the lowest manufacturing confidence since November 2020, as order books diminished from the previous month’s levels and were below normal levels. Meanwhile, production expectations for the coming months were stable. Stocks of finished goods expanded while production capacity was fully utilized by 71 % of the respondents. source: Confederation of Finnish Industries (EK)

Business Confidence in Finland averaged -0.42 points from 2005 until 2022, reaching an all time high of 23 points in November of 2021 and a record low of -37 points in March of 2009. This page provides - Finland Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Industry Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Business Confidence in Finland is expected to be -6.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Industry Confidence is projected to trend around -3.00 points in 2023 and 2.00 points in 2024, according to our econometric models.

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Finland Industry Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-10-28 09:00 AM Oct -4.3 -0.7 -2
2022-11-28 06:00 AM Nov -7 -5 -4


Related Last Previous Unit Reference
Business Confidence -7.00 -5.00 points Nov 2022
Capacity Utilization 80.80 81.20 percent Dec 2022

Finland Industry Confidence
The industrial confidence indicator measures the confidence among executives in the manufacturing sector. It is calculated from the answers to three questions: production expectations in the coming months, order backlog and finished product inventories compared to normal (in reverse).
Actual Previous Highest Lowest Dates Unit Frequency
-7.00 -5.00 23.00 -37.00 2005 - 2022 points Monthly
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News Stream
Finnish Business Confidence Lowest in Two Years
The manufacturing confidence indicator in Finland fell by two points from the prior month to -7 in November 2022, remaining below the long-term average of +1. It was the lowest manufacturing confidence since November 2020, as order books diminished from the previous month’s levels and were below normal levels. Meanwhile, production expectations for the coming months were stable. Stocks of finished goods expanded while production capacity was fully utilized by 71 % of the respondents.
2022-11-28
Finland Industry Confidence Weakens in October
The manufacturing confidence indicator in Finland declined four points from the previous month to -5 in October 2022, remaining below the long-term average of +1. Production expectations for the coming months turned negative, while order books diminished from the previous month’s levels but were still above normal levels. Stocks of finished goods were unchanged and production capacity was fully utilized by 72 percent of the respondents.
2022-11-25