The Danish consumer confidence index declined to 3.3 in October of 2021 from 8.2 in the previous month. It was the weakest reading since July, due to a deterioration in both households’ views on households' financial situation the next 12 months (9.8 vs 16.2 in September) and the general economic situation in the next 12 months (9.7 vs 14.0). At the same time, the big purchases climate weakened into negative territory (-0.8 vs 0.7). Meanwhile, consumers continued to expect unemployment to decline. Consumer confidence in October was slightly lower than the average for the last six months (3.9). source: Statistics Denmark
Consumer Confidence in Denmark averaged 0.38 points from 1974 until 2021, reaching an all time high of 15.50 points in January of 2006 and a record low of -22 points in December of 1988. 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 October of 2021.
Consumer Confidence in Denmark is expected to be 1.00 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 1.80 points in 2022 and 1.50 points in 2023, according to our econometric models.