Industrial production in Denmark plunged 14.6 percent year-on-year in July 2020, following a downwardly revised 1.7 percent drop in the previous month. It was the fifth straight month of decline in industrial production. On a seasonally adjusted monthly basis, industrial production fell 5.7 percent in July, after an upwardly revised 4.7 rise in June.
Industrial Production in Denmark averaged 0.14 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 September of 2020. source: Statistics Denmark
Industrial Production in Denmark is expected to be -12.00 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 1.50 in 12 months time. In the long-term, the Denmark Industrial Production is projected to trend around 2.20 percent in 2021 and 1.20 percent in 2022, according to our econometric models.