In August, the seasonally adjusted manufacturing confidence indicator elaborated by Statistics Denmark (DST) fell to 0 points from 5 points in July. The reading represents the lowest value recorded since May. Furthermore, with the monthly drop, the index hit the threshold dividing optimistic from pessimistic outlook amongst manufacturers for the next three months. According to DST, August's drop in business sentiment was driven by a notable deterioration in manufacturers' production expectations for the next three months.
Denmark Business Confidence
Business confidence plunges in August
August 30, 2012
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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.