Finland confidence diverges as manufacturing eases and consumer sentiment improves

Finland’s manufacturing confidence indicator edged down to 6 in August 2026 from 7 in July, after reaching its highest level since June 2022, but remained above its long-term average of 0. Production expectations fell to 22 from 30, and the share of companies operating at full capacity declined to 64% from 68%, below the historical average of 70%. Order-book assessments improved to -5 from -11, while finished-goods inventory views rose to 0 from -1, indicating inventories were broadly in line with their long-term average. In contrast, Finland’s consumer confidence indicator rose to -3.0 from -5.3 in both June and July, its highest reading since February 2022, although slightly below the long-term average of -2.9. Consumers became less pessimistic about the economy, their finances, purchases, saving, spending and unemployment, while inflation expectations increased to 4.2% from 3.7%.

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