Denmark Business Confidence June 2021

Denmark

Denmark: Business confidence stable in June

June 29, 2021

Business confidence among firms in the manufacturing sector was stable in June, with sentiment coming in at May’s 4. As such, the index remained above the 0-point threshold, separating optimism from pessimism among business for the fourth month running.

Meanwhile, sentiment in the retail sector turned optimistic in June. Moreover, sentiment in the construction sector became less pessimistic in June, while confidence in the services sector remained unchanged in June from May.

FocusEconomics Consensus Forecast panelists expect gross fixed investment to increase 2.9% in 2021, which is up 0.4 percentage points from last month’s forecast, and 3.6% in 2022.


Author:, Junior Economist

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Denmark Business Confidence Chart


Denmark Business Confidence June 2021

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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