Denmark: Business sentiment unchanged in June
Business sentiment in the industrial sector was unchanged at May’s minus 5.0 in June. As a result, the index remained below the 0-point threshold, signaling steady pessimism among Danish businesses in the industrial sector.
Looking at the details of the release, June’s outturn reflected firms’ more upbeat views regarding stocks of finished goods and production expectations. These developments were offset by firms’ views with regard to order backlog becoming more pessimistic.