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Denmark Business Confidence July 2022

Denmark: Business sentiment unchanged in July

Business sentiment came in at minus 9.0 in July, matching June’s reading. July’s result was the joint-weakest reading since September 2020. As a result, the index remained entrenched below the 0-point threshold, indicating sustained pessimism among businesses.

July’s result reflected businesses’ starker pessimistic views regarding production expectations and less pessimistic views with regard to order backlogs.

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