Denmark: Consumer confidence falls in September
September 23, 2014
In September, the consumer confidence indicator developed by Statistics Denmark (DST) fell for the first time in seven months, from 11.4 points in August to 7.1 points. Despite September’s fall, the indicator remains above the 0-point threshold, which indicates that optimists outnumber pessimists.
September’s reading reflects an across-the-board deterioration. Consumers’ were more pessimistic regarding the general economic situation of the country over the last 12 months, compared to August. Additionally, consumers’ opinions regarding their own financial situation over the last year worsened compared to last month.