The Economic Tendency Indicator up for the third consecutive month
The Economic Tendency Indicator continued to rise in August, from 109.7 in July to 111.5. This level indicates a considerably stronger mood than normal in the economy. This is the third month in a row that the indicator has risen.The strong situation within the manufacturing sector is showing no signs of abating. On the contrary, the confidence indicator for the sector rose further in August. Strongest of all are the signals from companies in the pulp and paper industry, as well as from the transport sector. The confidence indicator for construction and civil engineering operations also