Novo Slump Darkens Danish Consumer Mood as Growth Outlook Sours

Danish consumer confidence slipped to a three-month low, with Novo Nordisk A/S’s share plunge overshadowing a robust labor market and higher purchasing power.

The confidence index fell to -17.2 this month — still remaining above a two-year low of -18.4 hit in May, according to Statistics Denmark. Consumers’ view of the current economic situation worsened markedly, underscoring the depth of pessimism.