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Denmark consumer confidence weakens for second month

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Staff writer ▼ | February 22, 2016
European economy   Survey data from Statistics Denmark:

Denmark's consumer confidence weakened for the second straight month in February, survey data from Statistics Denmark showed.

The consumer confidence index, which indicates people's views on the current and future economic situation, fell to 4.0 in February from 4.6 in the previous month. In December, the score was 6.1.

Households' assessment of the general economic situation of the country compared to a year ago worsened in February. The corresponding index dropped to 7.6 from 11.1 in January. Similarly, expectations over the next twelve months declined from 2.0 to 0.1.

At the same time, assessment of their own financial situation over the year ahead improved in February, with the index rising to 12.5 from 11.4 in the preceding month.

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