Denmark Business Confidence

Denmark

Denmark: Business confidence stabilizes in September

September 29, 2015

In September, the business confidence indicator developed by Statistics Denmark (DST) was stable at August’s minus 7 points. The indicator is still resting well below the 0-point threshold, which indicates that pessimists outnumber optimists.

According to DST, September’s reading came mainly on the back of a decrease in production expectations. On the other hand, total backlogs improved and completed inventories rose in September.

FocusEconomics Consensus Forecast panelists expect gross fixed investment growth to reach 2.5% in 2015, which is up 0.2 percentage points from last month’s forecast. For 2016, panelists forecast an expansion of 3.4%.


Author:, Senior Economist

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Denmark Business Confidence Chart


Denmark Business Confidence September 2015

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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