Industrial Production in Denmark decreased 2 percent in May of 2020 over the previous month.

Industrial Production Mom in Denmark averaged 0.03 percent from 2000 until 2020, reaching an all time high of 15.30 percent in October of 2016 and a record low of -11.20 percent in September of 2016. This page provides the latest reported value for - Denmark Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Statistics Denmark

Industrial Production Mom in Denmark is expected to be -0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Denmark to stand at 0.80 in 12 months time. In the long-term, the Denmark Industrial Production MoM is projected to trend around 0.50 percent in 2021, according to our econometric models.

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Denmark Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 -5.90 15.30 -11.20 2000 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-06 06:00 AM Feb 1.6% -5.1% -0.2%
2020-05-07 06:00 AM Mar -0.1% 1.8% -2.2%
2020-06-08 06:00 AM Apr -5.3% 0.0%
2020-07-07 06:00 AM May -2% -5.9% 3.8%
2020-08-07 06:00 AM Jun -2% 0.9%
2020-09-07 06:00 AM Jul
2020-10-07 06:00 AM Aug
2020-11-06 07:00 AM Sep -0.8%
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Denmark Industrial Production MoM
In Denmark, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 96 percent of total production. The biggest segments within Manufacturing are: food products, beverages and tobacco (23 percent of total production); machinery (19 percent); pharmaceuticals (12 percent); chemicals and oil refineries (10 percent); furniture and other manufacturing (8 percent); basic metals and fabricated metal products (7 percent); and plastic, glass and concrete (5 percent). Mining and quarrying account for 4 percent of total output.