Nice street in Denmark

Denmark Business Confidence December 2020

Denmark: Business confidence improves notably in December

Business confidence among firms in the manufacturing sector came in at minus 2 in December, notably up from November’s minus 9 (previously reported: minus 10). As a result, the index climbed up close to the 0-point threshold which separates optimism from pessimism among businesses. December’s reading marked the best print in over a year and a half.

Meanwhile, confidence in other sectors continued to improve: Sentiment among firms in the construction sector increased to minus 5 in December from minus 7 in November, and in the services sector, it improved to minus 8 from minus 13, although they both remained in pessimistic territory. Moreover, sentiment in the retail sector grew to 10 in December from 7 in November, moving further into optimistic territory.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest