Denmark Business Confidence March 2022

Denmark

Denmark: Business sentiment improves slightly in March

March 30, 2022

Business sentiment picked up in March as it reached the 0-point threshold, which indicates neutral sentiment among businesses. March’s reading was up from February’s minus 2.0 and marked a three-month high.

March’s uptick was due to firms’ more upbeat views with regard to production expectations. Additionally, firms’ views regarding order backlogs became less pessimistic. Less positively, views on finished goods stocks were less optimistic.

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 March 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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