Industrial production in Denmark plunged 5.9 percent year-on-year in November 2019, following an upwardly revised 1.3 percent gain in the previous month. This was the first decline in industrial production since June. On a seasonally adjusted monthly basis, industrial production fell by 5.3 percent in November, the second straight monthly decrease.
Industrial Production in Denmark averaged 0.40 percent from 2001 until 2019, 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. source: Statistics Denmark
Industrial Production in Denmark is expected to be 3.30 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 4.80 in 12 months time. In the long-term, the Denmark Industrial Production is projected to trend around 1.20 percent in 2020, according to our econometric models.