Denmark: Consumer confidence falls again in February
February 26, 2016
The consumer confidence indicator developed by Statistics Denmark (DST) dropped from 4.6 points in January to 4.0 points in February, thus hitting a four-month low.
February’s reading reflected consumers’ less-positive perceptions of the economic situation in Denmark for the next 12 months. Households were also less upbeat regarding the development of consumer prices in terms of the past 12 months. In addition, consumers were less optimistic in making big-ticket purchases compared to the previous month.
Author: Dirina Mançellari, Senior Economist