Denmark: Consumer confidence moderates in April
April 22, 2015
The consumer confidence indicator developed by Statistics Denmark (DST) decreased from 13.9 points in March to 13.7 points in April.
April’s reading reflects consumers’ slightly less positive perceptions of the economic situation in Denmark today compared to a year ago. Consumers were also less upbeat regarding their family’s situation, both in terms of the past and what they expect going forward. Moreover, consumers expressed less interest in making big-ticket purchases. In addition, consumers continued to have a bad feeling about the unemployment rate in the next 12 months.
Author: Carl Kelly, Economist