Denmark: Business confidence among manufacturing firms improves in June
Business confidence among firms in the manufacturing sector rose to minus 16 in June from May’s minus 26 on the back of improved sentiment regarding production. However, the index remained below the 0-point threshold separating pessimism from optimism.
Sentiment in the construction, services and retail sectors also improved markedly in June amid the lifting of domestic lockdown measures. This should support investment heading into the second half of the year.