In January 2026, Finland's manufacturing confidence declined to -1, shifting back into negative territory after a neutral position in December. Production expectations for the upcoming months experienced a significant decrease, dropping to 18 from a downwardly revised 25 in the previous month. Meanwhile, the status of finished goods inventories became neutral, improving from 4. The outlook for the order backlog showed a slight improvement, moving to -20 from -21. Additionally, capacity utilization saw a modest increase, with 67% of companies operating at full capacity in January, up from 64% in the previous month, though still below the long-term average of 70%.