Denmark: Economic sentiment falls in April
Economic sentiment fell to 96.7 in April from March’s 97.3. As a result, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print largely reflected weaker consumer sentiment. More positively, sentiment in the industrial, construction and retail sectors improved. Moreover, confidence in the services sector rose in April.
Considering indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index fell in April.