FX.co ★ Finland Industry Mood Highest Since 2022

Finland's manufacturing confidence indicator improved to -1 in August 2025, up from a downwardly adjusted -5 in July. This represents the highest level recorded since September 2022 and is approaching the long-term average of 0. The rise was primarily driven by stronger production expectations for the upcoming months, increasing to 21 from 15 in the previous month. Additionally, the decline in order backlog showed signs of easing, improving slightly from -30 to -28. However, the inventory levels of finished goods dipped into the negative, shifting from 1 to -3, which is below the average level of 3. Meanwhile, the proportion of companies operating at full capacity increased to 63% in August from 54% in July, although it remains below the long-term average of 70%.