Denmark Business Confidence April 2022

Denmark

Denmark: Business confidence picks up in April

March 28, 2022

Business confidence rose to a four-month high of 4.0 in April from March's 0.0. As a result, the index broke through the 0-point threshold, indicating optimism among businesses.

April’s improvement came on the back of firms’ more upbeat views with regard to production expectations, and less pessimistic views regarding order backlog. That said, views on finished goods stocks deteriorated.

FocusEconomics Consensus Forecast panelists expect gross fixed investment to increase 2.4% in 2022, which is down 0.6 percentage points from last month’s forecast, and 2.5% in 2023.


Author:, Economist

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Denmark Business Confidence Chart


Denmark Business Confidence April 2022

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


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