Finland: Economic sentiment decreases in April
Economic sentiment came in at 82.4 in April, down from March’s 86.3. As a result, the index remained entrenched below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected deteriorating sentiment in the industrial sector and healthier sentiment in the construction sector. Meanwhile, confidence in the services sector was healthier in April, while sentiment in the retail sector deteriorated in the surveyed month. Lastly, consumer confidence waned in April.
Referring to indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index decreased in April.