Danish economic feeling improve somewhat

Thursday, 19 April 2012
Danes are feeling positive about their economy and feel that the future looks brighter after a period of persistent economic battery.

This reflects positive trend in consumer confidence, which has risen four consecutive months and now stands at around zero from previous negative.

“Consumers are beginning to look a little more positive about the future. This is good news for the Danish economy and housing market. Let us rejoice in every positive contribution to the improvement of the situation in the housing market,” says Karsten Beltoft, Director of Mortgage Association, in a comment.

The consumer confidence indicator in April was 0.6 from -0.4 in March, figures from Statistics Denmark. The figures are important because they are an indicator of which way the Danish economy moving.

At the same time it is assessed that consumers of both the Danish family and Denmark's economic situation today is worse than a year ago.
By Scancomark.se Team

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