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Denmark Business Confidence August 2020

Denmark: Business confidence decreases slightly in August

Business confidence among firms in the manufacturing sector decreased slightly to minus 10 in August, from July’s minus 7, thus remaining below the 0-point threshold separating pessimism from optimism among businesses.

Meanwhile, although it remained positive, sentiment in the retail sector slightly decreased to 5 in August from July’s 10. On the positive side, sentiment in the construction sector slightly improved, while in the service sector confidence climbed up, although both remained negative overall.

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