Denmark Business Confidence

Denmark

Denmark: Business confidence remains in pessimistic territory

September 27, 2012

In September, the seasonally adjusted manufacturing confidence indicator elaborated by Statistics Denmark (DST) remained unchanged at August's revised minus 1 points (previously reported: 0 points). The reading represents the second consecutive month in which the index remains in negative territory, which suggests a pessimistic outlook amongst manufacturers for the next three months. According to DST, production expectations fell into negative territory in September, while order books hit the 0-threshold, refraining from falling into pessimistic territory.


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