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.

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Denmark Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-10-21 06:00 AM Oct -37 -32.1 -36
2022-11-22 07:00 AM Nov -30.4 -37 -34
2022-12-23 07:00 AM Dec -30.4 -26


Related Last Previous Unit Reference
Consumer Confidence -30.40 -37.00 points Nov 2022
Retail Sales MoM -1.70 -0.40 percent Oct 2022
Retail Sales YoY -10.30 -5.40 percent Oct 2022
Consumer Spending 239237.00 239950.00 DKK Million Sep 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
-30.40 -37.00 15.50 -37.00 1974 - 2022 points Monthly

News Stream
Danish Consumer Mood Strengthens to 3-Month High
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).
2022-11-22
Danish Consumer Morale Drops to New Record Low
The consumer confidence index in Denmark plunged to a fresh record low of -37.0 in October 2022 from September’s reading of -32.1, hitting a new record low for the fifth time this year. The decline in consumer morale was mainly due to a sharp fall in the country’s current economic situation (-64.1 vs -55.6 in September) and consumers’ willingness to buy (-50.7 vs -44.0) as well as a decline in consumers' expectations of the household's future financial situation (-14.1 vs -9.2). At the same time, there was a deterioration in expectation regarding the household's current financial situation (-32.1 vs -29.4) and general economic situation of the country over the next 12 months (-24.3 vs -22.4). Among other indexes of the survey, consumers expect unemployment to increase in a year (31.3 vs 17.9).
2022-10-21
Danish Consumer Morale Falls to Fresh Record Low
The consumer confidence index in Denmark slumped to a new record low of -32.1 in September 2022 from August’s -25.1, mainly due to deteriorating expectations regarding Denmark's future economic situation (-22.4 vs -13.7 in August), as well as consumers’ assessment of the family's current financial situation (-29.4 vs -21.5). In addition, the assessment of the country’s current economic situation also worsened (-55.6 vs -48.3), as well as expectations about the households’ future financial situation (-9.2 vs -4.6) and consumers’ willingness to buy (-44.0 vs -37.7). Among other indexes of the survey, consumers expect unemployment to increase in a year (17.9 vs 15.8).
2022-09-22