Retail sales in Denmark dropped by 0.1 percent year-on-year in November of 2019, following a 1.2 percent gain in the previous month. It was the first month of decline since June, due to a drop in sales of clothing and footwear (-4.4 percent vs 1.2 percent in October) and “other consumer goods” (-0.3 percent vs 1.9 percent). Meanwhile, food sales advanced faster (1.0 percent vs 0.4 percent). On a monthly basis, retail sales rose 0.3 percent in December, compared to a revised 0.2 percent drop in October. Retail Sales YoY in Denmark averaged 1.10 percent from 1996 until 2019, reaching an all time high of 15.10 percent in April of 2000 and a record low of -10.20 percent in February of 2009. source: Statistics Denmark

Retail Sales YoY in Denmark is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Denmark to stand at 0.70 in 12 months time. In the long-term, the Denmark Retail Sales YoY is projected to trend around 1.10 percent in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Denmark Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 1.20 15.10 -10.20 1996 - 2019 percent Monthly
NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-09-26 06:00 AM Aug 0.9% 2.7% 0.2%
2019-10-28 07:00 AM Sep 0.2% 0.95% 1.9%
2019-11-26 07:00 AM Oct 1.2% 0.1% 0.6%
2019-12-20 07:00 AM Nov -0.1% 1.2% 0.9%
2020-01-27 07:00 AM Dec -0.1% 1.3%


News Stream
2019-11-26
Danish Retail Sales Rise the Most in 3 Months
Retail sales in Denmark increased by 1.2 percent year-on-year in October 2019, following a downwardly revised 0.1 percent rise in the previous month. This marked the strongest yearly gain in retail sales since July, as sales rose faster for food (0.4 percent vs 0.2 percent in September) and other consumer goods (1.9 percent vs 0.9 percent), while those of clothing and footwear rebounded sharply (1.3 percent vs -3.7 percent). On a monthly basis, retail sales fell 0.3 percent in October, compared to a 0.1 percent gain in September.

2019-10-28
Danish Retail Sales Growth at 3-Month Low
Retail sales in Denmark increased by 0.2 percent year-on-year in September 2019, following a marginally revised 0.95 percent rise in the previous month. This marked the weakest yearly gain in retail sales since a 1.2 percent fall in June, as sales rose softer for food (0.2 percent vs 1.2 percent in August) and other consumer goods (1 percent vs 1.1 percent). Also, sales of clothing and footwear fell further (-0.4 percent vs -1.4 percent). On a monthly basis, retail sales edged up 0.1 percent in September, compared to a 0.3 percent advance in August.

2019-09-26
Danish Retail Sales Growth Eases to 0.9%
Retail sales in Denmark increased 0.9 percent year-on-year in August 2019, following an upwardly revised 2.7 percent rise in the previous month. Sales went up softer for other consumer goods (1.0 percent vs 5.5 percent in July), while, sales of clothing and footwear dropped (-1.8 percent vs 2.3 percent). Conversely, sales of food rebounded (1.2 percent vs -0.1 percent). On a monthly basis, retail sales rose 0.3 percent in August, after a downwardly revised 0.1 percent fall in July.

2019-08-23
Danish Retail Sales Rebound in July
Retail sales in Denmark rose 2.4 percent year-on-year in July 2019, following an upwardly revised 1.3 percent fall in the previous month. Sales recovered for both other consumer goods (5.0 percent vs -0.7 percent in June) and food (0.1 percent vs -2.8 percent). Meanwhile, sales of clothing and footwear continued to increase (1.1 percent vs 2.5 percent). On a monthly basis, retail sales went down 0.3 percent in July, after a 0.5 percent gain in June.

2019-07-26
Danish Retail Sales Fall the Most in 20 Months
Retail sales in Denmark dropped 1.1 percent year-on-year in June 2019, following an upwardly revised 0.7 percent fall in the previous month. This was the second straight decline in retail trade, and the steepest fall since October 2017, as sales of food products dropped faster (-2.3 percent vs -1.8 percent in May) while those of other consumer goods rose decreased (-0.6 percent vs 1.0 percent). On the other hand, sales of clothing and footwear recovered (1.7 percent vs -4.7 percent). On a monthly basis, retail sales went up 0.5 percent in June, after a 0.3 percent drop in May.

2019-06-26
Danish Retail Sales Fall for 1st Time in 5 Months
Retail sales in Denmark fell 0.6 percent year-on-year in May 2019, following a 3.2 percent gain in the previous month. It was the first decline in retail trade since December last year, as sales of food products dropped (-1.6 percent vs 6.2 percent in April) while those of clothing and footwear decreased faster (-5.3 percent vs -4.3 percent). In addition, sales of other consumer goods rose less (1.2 percent vs 1.7 percent in April). On a monthly basis, retail sales went down 0.3 percent in May, after an upwardly revised 0.5 percent fall in April.


Denmark Retail Sales YoY
In Denmark, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.

Denmark Consumer Last Previous Highest Lowest Unit
Consumer Confidence 2.50 1.40 15.50 -22.00 points [+]
Retail Sales MoM 0.30 -0.20 1.90 -1.40 percent [+]
Retail Sales YoY -0.10 1.20 15.10 -10.20 percent [+]
Consumer Spending 236468.00 234106.00 236468.00 151525.00 DKK Million [+]
Disposable Personal Income 1127877.48 1095269.86 1127877.48 368723.09 DKK Million [+]
Personal Savings 7.29 11.01 16.14 -2.95 percent [+]
Households Debt To GDP 114.90 115.10 139.40 69.10 percent of GDP [+]
Households Debt To Income 235.11 240.53 269.77 180.80 percent [+]
Bank Lending Rate 0.05 0.05 15.00 0.05 percent [+]
Gasoline Prices 1.89 1.84 2.41 1.01 USD/Liter [+]
Consumer Credit 466.32 469.00 585.45 145.77 DKK Billion [+]
Consumer Confidence Current Conditions 16.00 13.90 28.10 -63.00 [+]
Consumer Confidence Economic Expectations 13.00 9.30 25.60 -46.00 [+]
Consumer Confidence Financial Expectations 15.70 12.30 19.00 -9.00 [+]
Consumer Confidence Major Purchases Expectations -3.00 -2.20 4.40 -18.00 [+]
Consumer Confidence Price Trends 17.40 20.10 76.00 -41.60 [+]
Consumer Confidence Savings Expectations 29.40 32.90 42.50 -27.00 [+]
Consumer Confidence Unemployment Expectations -10.40 -11.10 51.40 -26.00 [+]