Denmark: Business confidence rebounds in June
June 28, 2012
In June, the seasonally adjusted manufacturing confidence indicator elaborated by Statistics Denmark (DST) rebounded to plus 1 point from minus 1 point in May. With the monthly increase, the index returned into positive territory, which indicates an optimistic outlook for the next three months amongst manufacturers. According to DST, June's rise in business sentiment was driven by an improvement in manufacturers' production expectations for the next three months.