(RTTNews) - Monday, Statistics Denmark announced that consumer confidence in Denmark improved for the second consecutive month in August, although it remained in the negative.

Denmark’s consumer confidence index was minus 2.6 in August, compared to minus 3.2 recorded in July and minus 5.5 posted in June.

The consumers’ perception of the current economic situation in Denmark showed improvement, with the corresponding indicator at minus 38.5 in August compared to minus 43 in July. However, the consumers’ expected economic situation in the next 12 months decreased in August, at 17.9 compared to 19.2 in July.

Meanwhile, the indicator for the current financial situation of the household improved and was at 0.1 in August compared to minus 0.3 in July. But the consumers’ expected household financial situation in the next 12 months decreased, and was at 17.9 in comparison to 19.2 in July.

The indicator for major consumer purchases at present was at minus 4.7 in August compared to minus 7.4 last month.

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Posted in Categories: Economy, Releases.

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