The consumer confidence index in Denmark increased to -23.1 in March 2023 from -25.1 in the previous month. It was the highest reading since last May, as households' assessments of family's financial conditions over the next 12 months moved into positive territory (0.4 vs -0.3 in February) despite their views compared to a year ago remaining weak (-31.2 vs -27.0). Meanwhile, consumers' sentiment about the economic situation in the country compared to the year before improved (-44.5 vs -49.8), while that over the next 12 months was much less negative (-0.7 vs -6.4). Also, saving intentions grew slightly for the present(64.4 vs 64.3) but declined over the next 12 months (22.0 vs 23.8). At the same time, consumers projected unemployment to drop in a year (18.6 vs 28.4). Assessment over prices compared to a year ago fell (61.0 vs 63.1), while expectations for price development in the coming year were slightly more negative (-8.5 vs -8). source: Statistics Denmark

Consumer Confidence in Denmark averaged -0.36 points from 1974 until 2023, reaching an all time high of 15.50 points in January of 2006 and a record low of -37.00 points in October of 2022. This page provides the latest reported value for - Denmark Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Consumer Confidence in Denmark is expected to be -22.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Consumer Confidence is projected to trend around -2.00 points in 2024 and 5.00 points in 2025, according to our econometric models.

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Denmark Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2023-02-20 07:00 AM Feb -25.1 -26.1 -23
2023-03-23 07:00 AM Mar -23.1 -25.1 -22.8
2023-04-20 06:00 AM Apr -23.1


Related Last Previous Unit Reference
Consumer Confidence -23.10 -25.10 points Mar 2023
Retail Sales MoM -0.30 2.20 percent Feb 2023
Retail Sales YoY -4.30 -6.00 percent Feb 2023
Consumer Spending 238477.00 239237.00 DKK Million Dec 2022
Disposable Personal Income 1303383.99 1233034.86 DKK Million Dec 2021

Denmark Consumer Confidence
In Denmark, the consumer confidence indicator analyzes the consumer climate through questions about the economic situation as perceived by consumers at a given time concerning both the general economic situation in Denmark and the financial situation of the family. At present an omnibus survey consists of a sample of about 1,500 persons, drawn from a population of persons aged 16-74 years residing in Denmark.
Actual Previous Highest Lowest Dates Unit Frequency
-23.10 -25.10 15.50 -37.00 1974 - 2023 points Monthly

News Stream
Danish Consumer Mood Improves to 10-Month High
The consumer confidence index in Denmark increased to -23.1 in March 2023 from -25.1 in the previous month. It was the highest reading since last May, as households' assessments of family's financial conditions over the next 12 months moved into positive territory (0.4 vs -0.3 in February) despite their views compared to a year ago remaining weak (-31.2 vs -27.0). Meanwhile, consumers' sentiment about the economic situation in the country compared to the year before improved (-44.5 vs -49.8), while that over the next 12 months was much less negative (-0.7 vs -6.4). Also, saving intentions grew slightly for the present(64.4 vs 64.3) but declined over the next 12 months (22.0 vs 23.8). At the same time, consumers projected unemployment to drop in a year (18.6 vs 28.4). Assessment over prices compared to a year ago fell (61.0 vs 63.1), while expectations for price development in the coming year were slightly more negative (-8.5 vs -8).
2023-03-23
Danish Consumer Mood Rises to 6-Month High
The consumer confidence index in Denmark rose to -25.1 in February 2023 from -26.1 in the previous month. This was the highest reading since last August, as households' assessments of family's financial conditions over the next 12 months were much less negative (-0.3 vs -1.2 in January) despite their views compared to a year ago remaining weak (-27.0 vs -26.2). Meantime, consumers' sentiment about economic situation in the country compared to the year before improved (-49.8 vs -54.9), while those over the next 12 months were little changed (-6.4 vs -6.3). Further, assessment over prices compared to a year ago increased slightly (63.1 vs 62.6) while expectations for price development in the coming year were less negative (-8 vs -11). Meantime, saving intentions at present were unchanged (at 64.3) while declining over the next 12 months (23.8 vs 26.6).
2023-02-20
Danish Consumer Morale Rises to 5-Month High
The consumer confidence index in Denmark improved to -26.1 in January 2023 from -28.9 in the previous month, pointing to the highest level since last August. The increase in consumer morale was mainly due to brightened expectations of general economic conditions for the next 12 months (-6.3 vs -11.7 in December 2022), the current general economic situation (-54.9 vs -56.5), the household's financial situation for the next 12 months (-1.2 vs -5.3), and the current financial situation (-26.2 vs -30.9). At the same time, consumers projected unemployment to decline in a year (27.4 vs 30.3). Saving intentions rose both for the present (64.3 vs 63.6) and for the next 12 months (26.6 vs 18.4).
2023-01-23