Denmark: Business confidence weakens further in October
October 28, 2016
The business confidence indicator developed by Statistics Denmark (DST) came in at minus 9 points in October, which marked a deterioration from September’s minus 8 points. Since June 2014, the indicator has remained under the 0-point threshold, which indicates that pessimists outnumber optimists.
According to DST, October’s setback reflected worsening sentiment among producers of all goods categories, with producers of durable goods reporting the sharpest deterioration.