Nice street in Denmark

Denmark Business Confidence February 2020

Denmark: Business sentiment in the industrial sector improves in February

Business confidence among firms in the industrial sector picked up to minus 4 in February from minus 9 points in January, according to a survey conducted by Denmark’s Statistical Institute. The less pessimistic result was mainly due to firms’ more optimistic view towards output expectations.

Turning to other sectors, sentiment among the construction sector ticked up, the service sector was broadly unchanged, while the retail sector’s outlook worsened in February compared to the previous month.

Looking ahead, an expected slowdown in export growth should weigh on the industrial sector’s production expectations—despite stronger domestic demand conditions. A stronger-than-projected fall in euro area economic growth and the coronavirus pose as downside risks to confidence among firms in the industrial sector.

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