The consumer confidence index in Denmark rose to a three-month high of -30.4 in November 2022 from October’s fresh record low of -37. The increase in consumer morale was mainly due to a rise in consumers' expectations of the household's future financial situation (-4.9 vs -14.1 in October) as well as a marked increase in the willingness to buy (-42.3 vs -50.7). At the same time, there was an improvement in both expectation regarding the general economic situation of the country over the next 12 months (-12.1 vs -24.3) and the country’s current economic situation (-60.0 vs -64.1 in October). Meanwhile, expectation regarding the household's current financial situation weakened slightly (-32.4 vs -32.1). Among other indexes of the survey, consumers expect unemployment to decrease in a year (25.7 vs 31.3). source: Statistics Denmark
Consumer Confidence in Denmark averaged -0.15 points from 1974 until 2022, 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 December of 2022.
Consumer Confidence in Denmark is expected to be -26.00 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 -4.00 points in 2023 and 1.50 points in 2024, according to our econometric models.