The manufacturing confidence indicator in Denmark inched down to -7 in December 2019 from -6 in the previous month, due to an increase in finished goods stocks (16 vs 11 in November). Meanwhile, there was an improvement in expectations regarding production (14 vs 11) and new order levels (-18 vs -19).
Business Confidence in Denmark averaged -1.41 Index Points from 2005 until 2019, reaching an all time high of 14 Index Points in September of 2006 and a record low of -33 Index Points in February of 2009. This page provides the latest reported value for - Denmark Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Statistics Denmark
Business Confidence in Denmark is expected to be -5.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Denmark to stand at 1.00 in 12 months time. In the long-term, the Denmark Business Confidence is projected to trend around -1.00 Index Points in 2020, according to our econometric models.