FX.co ★ Danish Business Morale Remains Subdued

In October 2025, Denmark's manufacturing confidence indicator increased slightly to 92.3, up from the two-year low of 92 observed in September. Despite this uptick, the figure remains considerably under the long-term average of 100, indicating ongoing pessimism within the sector. Employment expectations saw a slight improvement, moving to -14 from -15, but they continue to linger in negative territory for the second month in a row. Additionally, household sentiment regarding production remained unchanged at 9, indicating a continued subdued outlook.