Denmark Business Confidence February 2017

Denmark

Denmark: Business confidence improves slightly in February

February 27, 2017

The business confidence indicator for manufacturing developed by Statistics Denmark (DST) came in at minus 2 points in February, which was just above January’s minus 3 points. The index is thus still below the zero-point threshold that separates pessimistic from optimistic sentiment, where it has been since June 2014.

According to DST, manufacturers reported stable business conditions across most components compared to the previous month’s result.

FocusEconomics Consensus Forecast panelists expect gross fixed investment to grow 2.3% in 2017, which is up 0.6 percentage points from last month’s forecast. For 2018, panelists forecast an expansion of 2.9%.


Author: Marlène Rump, Senior Data Analyst

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Denmark Business Confidence Chart


Denmark Business Confidence February 2017

Note: Value of s.a. monthly manufacturing confidence indicator index. The 0-point threshold separates optimistic from pessimistic sentiment.
Source: Statistics Denmark (DST)


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