FX.co ★ Finland Industry Mood Hits 5-Month Low

Finland’s industrial confidence indicator declined to 3 in September 2026 from a slightly downwardly revised 5 in August, reaching its lowest level since April yet still remaining above its long-term average of 0. Production expectations for the coming months stayed firmly positive at 20, only marginally lower than 21 in August, with output volumes projected to rise toward the end of the year. Assessments of order books softened slightly to -6 from -5, while stocks of finished goods increased to 5 from 0, moving above their long-term average of 3. Capacity utilization improved modestly, with 66% of firms reporting they were operating at full capacity, up from 64% in August but still below the historical average of 70%. The survey also indicated that Finnish industrial confidence clearly exceeded the EU average, based on comparative data for August.