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.