Denmark Business Confidence December 2019

Denmark

Denmark: Business sentiment in the industrial sector weakens slightly in December

January 7, 2020

Business confidence among firms in the industrial sector slipped to minus 7 in December from minus 6 points in November, according to a survey conducted by Denmark’s Statistical Institute. Turning to other sectors, sentiment among the construction, and retail sectors ticked down, while sentiment among the service sector improved in December.

FocusEconomics Consensus Forecast panelists expect gross fixed investment to fall 2.0% in 2020, which is down 0.2 percentage points from last month’s forecast, and to expand 2.2% again in 2021.


Author:, Economist

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Denmark Business Confidence December 2019

Note: Value of s.a. monthly manufacturing confidence indicator index. The zero-point threshold separates optimistic from pessimistic sentiment.
Source: Statistics Denmark (DST)


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