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Consumer confidence in Denmark declines by 8.4%

Consumer confidence in Denmark has experienced a notable downturn, registering a decrease of 8.4%, according to recent survey data. The survey aims to analyse the consumer climate by posing questions about the economic situation, encompassing both the general economic conditions in Denmark and the financial well-being of families. The central metric derived from these responses is the consumer confidence indicator.

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Survey results are disseminated through News from Statistics Denmark and Statbank Denmark. The survey delves into various aspects of consumer sentiments, including financial situations, perceptions of the general economic climate, price trends, unemployment, major purchases, and savings. Additionally, quarterly questions touch on intentions to buy a car, purchase or build a home, and engage in home improvements.

Source: www.dst.dk

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