RTTNews - Thursday, a report from Statistics Denmark showed that the industrial confidence indicator stood at minus 33 in May, on a seasonally adjusted basis, down from minus 23 in the preceding month
Production expectations for the next three months moved up to minus 7 in May from minus 24 in April, while expectations on employment increased to minus 31 from minus 38. However, the assessment of finished stocks decreased to 6 from 14 in April.
Meanwhile, the services confidence indicator stood at minus 15 in May compared to minus 16 in April. Moreover, the confidence indicator increased to minus 38 in May from minus 40 in the previous month.
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