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Financial News: Denmark Consumer Confidence At 5-Month High

Denmark Consumer Confidence At 5-Month High

01/23/2017 - 04:51:00 (RTTNews)

(RTTNews) - Denmark's consumer confidence improved at the start of the year to its highest level in five months, figures from Statistics Denmark showed Monday.

The consumer confidence index rose to 4.5 in January from -0.3 in December. This was the highest reading since August 2015, when it marked 4.8.

Households' view on the general economic situation of the country for the next twelve months strengthened in January. The corresponding index climbed to 2.7 from -3.4 in the previous month.

Similarly, the index measuring their own financial situation over the next year increased to 11.4 from 10.2.

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