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Sharp improvement in business confidence in June
In business-related services, all components of the indicator have been revised upwards, and especially the outlook for firms’ own business activity and general market demand. In the trade sector too, it is the expected development of demand that has firmed up the most, more so than forecasts for orders placed with suppliers. As for the rise in the building industry’s indicator, this is largely due to the recent very positive developments: compared with last month, equipment has been used much more widely and order books have been filling up. Just as in the business services sector, company managers in the ... (full story)