Denmark: Consumer confidence swings back to positive in January
January 24, 2017
Consumer confidence in Denmark rose in January, hitting a five-month high of plus 4.5 points. The result contrasted the minus 0.3 points tallied in December, Statistics Denmark (DST) reported.
January’s survey reflected that consumers were particularly more positive about the country’s general economic situation in the past year and in the near future. Similarly, households reported that their financial situations in the past 12 months had improved and would continue to do so in the coming 12 months. Conversely, survey participants were more pessimistic about the development of the unemployment rate.