Industrial production in Denmark increased 2.5 percent year-on-year in December 2020, accelerating from a downwardly revised 1.0 percent gain in the previous month. It was the second straight month of increase in industrial production and the highest growth since September 2019, amid the coronavirus pandemic. On a seasonally adjusted monthly basis, industrial production rose 1.2 percent in December, after an upwardly revised 7.2 percent surge in November. source: Statistics Denmark
Industrial Production in Denmark averaged 0.07 percent from 2001 until 2020, reaching an all time high of 15.40 percent in November of 2016 and a record low of -22.20 percent in April of 2009. This page provides the latest reported value for - Denmark Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Industrial Production in Denmark is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Denmark to stand at 7.00 in 12 months time. In the long-term, the Denmark Industrial Production is projected to trend around 7.00 percent in 2022 and 1.20 percent in 2023, according to our econometric models.