Danish Business Morale Hits 18-Month High
2026-10-23 06:10
By
Joshua Ferrer
1 min. read
Denmark’s manufacturing confidence indicator climbed to 102.7 in October 2026 from 100.5 in the previous month.
The latest result moved further above the long-term average of 100 and marked the highest reading since April 2025, as production expectations strengthened to 22 from 15, while employment expectations eased to 2 from 5.
On the broader front, the business confidence indicator, covering industry, construction, services and retail, fell to 104.5 from 107.1.
Construction sentiment weakened, with its gauge declining to 100.6 from 101.5, while the services measure dropped to 104.9 from 107.3 as revenue expectations fell to 8 from 12 and employment expectations slipped to 1 from 4.
Retail optimism recorded the sharpest decline, with its indicator plunging to 103.7 from 114.8.
Although revenue expectations remained relatively strong at 29, retail employment expectations turned negative, falling to -3 from 9.