Denmark: Consumer sentiment becomes more pessimistic in February
Consumer sentiment deteriorated further in February, coming in at minus 3.2, down from January’s minus 1.5. Consequently, the index moved further below the neutral 0-point threshold, indicating more pessimism among Danish consumers.
The headline print reflected consumers’ less upbeat views regarding their financial situation at present and in the coming 12-month period. Moreover, consumers’ views with regard to the country’s general economic situation at present soured further. More positively, consumers became mildly optimistic over Denmark’s general economic situation in the coming year.