Denmark Business Confidence


Business confidence plunges in August

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.


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Denmark Economic News

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  • Denmark: Pessimism rises among Danish consumers in September

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