In March, the business confidence indicator developed by Statistics Denmark (DST) rose from February's 7 points to 12 points. The indicator is now even higher above the 0-point threshold, which indicates that optimists outnumber pessimists. According to DST, March's reading came on the back of an improvement in production expectations as well as in stocks of finished goods. FocusEconomics Consensus Forecast panelists expect gross fixed investment growth to reach 2.6% in 2014, which is down 0.1 percentage points from last month's forecast. For 2015, panelists forecast an expansion of 3.6%.
Denmark Business Confidence
Business confidence improves in March
March 28, 2014
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Denmark Business Confidence Chart
Note: Value of s.a. monthly manufacturing confidence indicator index.
Source: Statistics Denmark (DST).
Denmark Economic News
October 10, 2016
In September, consumer prices were flat on a monthly basis, which came in above August’s 0.3% decrease.
September 30, 2016
In the second quarter, GDP expanded a revised seasonally-adjusted 0.4% over the previous quarter (previously reported: +0.5% quarter-on-quarter), according to data released by Statistics Denmark (DST) on 30 September.
September 29, 2016
The business confidence indicator developed by Statistics Denmark (DST) came in at minus 8 points in September, which marked a deterioration since the previous month’s minus 7 points.
September 22, 2016
The mood among Danish consumers turned more pessimistic and fell to the lowest level in over three years in September, as the consumer confidence indicator produced by Statistics Denmark (DST) fell from August’s 4.8 points to 1.8 points. September’s deterioration reflected that consumers assessed Denmark’s economic outlook in one year as well as the country’s current economic situation worse than in August.
September 12, 2016
In August, consumer prices fell 0.3% on a monthly basis, which came in below July’s 0.1% decrease.