Nice street in Denmark

Denmark Business Confidence August 2019

Denmark: Business sentiment in the industrial sector grows less pessimistic in August

Business confidence among firms in the industrial sector increased to minus five points in August from minus seven points in July, according to a survey conducted by Denmark’s Statistical Institute, due to an improvement in output expectations. That said, firms grew less positive about their order books.

Turning to other sectors, sentiment among retailers jumped on the back of increased sales. The construction sector was slightly less pessimistic in August as employment expectations improved, while confidence in the service sector tapered due to a less positive business climate.

Going forward, business confidence should remain somewhat hampered by a modest global growth outlook and Brexit uncertainty.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest