The manufacturing confidence indicator in Denmark improved slightly to -16 in January 2023, compared to a 31-month low of -17 in December. Entrepreneurs’ sentiment remained pessimistic but less negative about the production (-11 vs -14 in December 2022) and order books (-23 vs -25), while the assessment of finished products stock grew more optimistic (13 vs 11). source: Statistics Denmark

Business Confidence in Denmark averaged -2.05 points from 2005 until 2023, reaching an all time high of 14.00 points in September of 2006 and a record low of -33.00 points in February of 2009. This page provides the latest reported value for - Denmark Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Business Confidence in Denmark is expected to be -7.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Denmark Business Confidence



Calendar GMT Actual Previous Consensus TEForecast
2023-01-05 07:00 AM Dec -17 -14 -12
2023-01-24 07:00 AM Jan -16 -17 -14
2023-02-21 07:00 AM Feb -16


Related Last Previous Unit Reference
Business Confidence -16.00 -17.00 points Jan 2023
Industrial Production Mom 2.40 -3.10 percent Nov 2022
Industrial Production 11.50 10.40 percent Nov 2022
New Orders -6.00 19.00 points Dec 2022
Changes in Inventories 2662.00 21135.00 DKK Million Sep 2022
Bankruptcies 660.00 959.00 Companies Dec 2022
Car Registrations 15241.00 13157.00 Units Dec 2022
Corporate Profits 321991.00 370803.00 DKK Million Dec 2019

Denmark Business Confidence
In Denmark, the tendency survey in manufacturing provides information on the current situation as well as expectations for the coming three months for the manufacturing industries. The most important variables used in the survey are production, employment, new orders, sales prices, investment plans and limits to production.
Actual Previous Highest Lowest Dates Unit Frequency
-16.00 -17.00 14.00 -33.00 2005 - 2023 points Monthly
SA

News Stream
Danish Business Mood Improves Slightly
The manufacturing confidence indicator in Denmark improved slightly to -16 in January 2023, compared to a 31-month low of -17 in December. Entrepreneurs’ sentiment remained pessimistic but less negative about the production (-11 vs -14 in December 2022) and order books (-23 vs -25), while the assessment of finished products stock grew more optimistic (13 vs 11).
2023-01-24
Danish Business Confidence Falls to 31-Month Low
The manufacturing confidence indicator in Denmark declined to -17 in December of 2022, from -14 in the previous month, marking the lowest reading since May of 2020, as entrepreneurs' sentiment about order books were more negative (-25 vs -21 in November). At the same time, manufacturer’s assessment about the stock of finished products ticked lower (11 vs 13). Meanwhile, households’ views toward production were less negative (-14 vs -18).
2023-01-05
Danish Business Confidence Improves
The manufacturing confidence indicator in Denmark inched up to -14 in November of 2022 from an upwardly revised -15 in the previous month. Manufacturer’s assessment about the stock of finished products strengthened (13 vs 12 in October) and households' views toward production much less negative (-8 vs -13). Meanwhile, entrepreneurs' sentiment about order books were unchanged (at -21).
2022-11-29