Denmark: Business confidence remains at neutral point in September
September 28, 2017
For the second consecutive month, Danish manufacturers’ confidence came in at the neutral zero-point mark in September, according to the Business Survey released by Denmark Statistics (DST). The reading indicates that manufacturers are neither optimistic nor pessimistic about the future. Although the September print is still above the long-term average of minus 1.3 points since the survey began in 2005, the result is the joint-lowest in three months.
The neutral outlook came on the back of a less optimistic view of production expectations and the stock of finished goods, while the outlook regarding order books remained steady at August’s pessimistic view.
Author: Jan Lammersen, Economist