Denmark: Business confidence back in negative territory in May
May 30, 2017
The business confidence indicator for manufacturing developed by Statistics Denmark (DST) came in at minus 5 points in May, which contrasted April’s plus 1 point. The index is now back below the zero-point threshold that separates pessimistic from optimistic sentiment.
According to DST, manufacturers reported an increased backlog of orders and lower production expectations in May compared to April.