Denmark: Business confidence inches up in March
March 30, 2017
The business confidence indicator for manufacturing developed by Statistics Denmark (DST) came in at minus 1 point in March, which was just above February’s minus 2 points and the highest reading in nearly three years. The index is now only marginally below the zero-point threshold that separates pessimistic from optimistic sentiment, where it has been since June 2014.
According to DST, manufacturers reported an improved backlog of orders but lower production expectations in March compared to February.