Denmark: Business confidence moderately improves in April
April 27, 2012
In April, the seasonally adjusted manufacturing confidence indicator elaborated by Statistics Denmark (DST) rose to 4 points from 2 points in March. At the current level, the index remains in positive territory, which indicates a positive outlook for the next three months amongst manufacturers. According to DTS, April's increase in business sentiment was driven by an improvement in their production expectation for the next three months. However, opinions on stocks orders remained changed.