Denmark: Economic sentiment eases in August
Economic sentiment came in at 100.0 in August, down from July’s 102.2. As a result, the index was at the long-term average of 100, pointing to a neutral near-term outlook for the economy.
The headline print reflected declining sentiment in the industrial, retail and construction sectors, as well as among consumers. Additionally, confidence in the services sector waned in August.
Relating to indicators that are not used to calculate the index, employment expectations were healthier, while the economic uncertainty index decreased in August.