The manufacturing confidence indicator in Denmark increased to -6 in May 2023 from an upwardly revised -13 the previous month. It was the highest reading since last August, as sentiment about the production improved (3 vs 2 in April) while those for orders books were much less pessimistic (-15 vs -26). On the other hand, the assessment of finished product stock deteriorated (5 vs 16). source: Statistics Denmark

Business Confidence in Denmark averaged -2.23 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 June of 2023.

Business Confidence in Denmark is expected to be -8.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Business Confidence is projected to trend around 1.50 points in 2024 and 4.00 points in 2025, according to our econometric models.

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Denmark Business Confidence



Calendar GMT Actual Previous Consensus TEForecast
2023-04-21 06:00 AM Apr -14 -14 -12
2023-05-23 06:00 AM May -6 -13 -12
2023-06-23 06:00 AM Jun -6 -8


Related Last Previous Unit Reference
Business Confidence -6.00 -13.00 points May 2023
Industrial Production Mom -1.80 4.60 percent Mar 2023
Industrial Production 9.40 19.70 percent Mar 2023
New Orders 3.00 -15.00 points Jun 2023
Changes in Inventories -2377.00 3679.00 DKK Million Mar 2023
Bankruptcies 409.00 616.00 Companies Apr 2023
Car Registrations 12146.00 17907.00 Units Apr 2023
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
-6.00 -13.00 14.00 -33.00 2005 - 2023 points Monthly
SA

News Stream
Danish Business Mood Highest in 9 Months
The manufacturing confidence indicator in Denmark increased to -6 in May 2023 from an upwardly revised -13 the previous month. It was the highest reading since last August, as sentiment about the production improved (3 vs 2 in April) while those for orders books were much less pessimistic (-15 vs -26). On the other hand, the assessment of finished product stock deteriorated (5 vs 16).
2023-05-23
Danish Business Morale Unchanged
The manufacturing confidence indicator in Denmark stood at -14 in April 2023, unchanged from the previous month. It was the highest reading since last November, as sentiment about the production moved into the positive territory (1 vs -2 in March). On the other hand, the assessment of finished products stock slightly weakened (16 vs 17), while those for orders books were more pessimistic (-26 vs -24).
2023-04-21
Danish Business Confidence Highest in 6 Months
The manufacturing confidence indicator in Denmark increased to -14 in March 2023 from -15 in the previous month, pointing to the highest reading since last September. The assessment of finished products stock improved (17 vs 15 in February), while the assessment for orders books remained pessimistic but less negative (-24 vs -27), and entrepreneurs’ sentiment about the production was unchanged (at -2).
2023-03-24