Denmark’s manufacturing production shrank 7.6% month-on-month in January 2023, reversing a 15% growth in the previous month. Output dropped faster for pharmaceutical products (-13.6% vs 45.1% in December 2022), electronics (-2.9% vs 11.1%), textiles and leader products (-9.6% vs 2.5%), chemicals and oil refineries (-7.4% vs 3.8%), food, beverages and tobacco (-3.5% vs 4%), and machinery (-4.7% vs 2.2%). In contrast, output rebounded for electrical equipment (16.7% vs -14.1%), fabricated metals (4.5% vs -8.4%) and plastic, glass and concrete (3.2% vs -2.2%). On a non-seasonally adjusted yearly basis, manufacturing production rose 19.6%, easing from a 27.6% increase in the prior month. source: Statistics Denmark

Manufacturing Production MoM in Denmark averaged 0.25 percent from 2000 until 2023, reaching an all time high of 16.70 percent in October of 2016 and a record low of -11.90 percent in September of 2016. This page includes a chart with historical data for Denmark Manufacturing Production MoM. Denmark Manufacturing Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Manufacturing Production MoM in Denmark is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Manufacturing Production MoM is projected to trend around 0.50 percent in 2024 and 0.40 percent in 2025, according to our econometric models.

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Denmark Manufacturing Production MoM



Calendar GMT Actual Previous Consensus TEForecast
2023-02-08 07:00 AM Dec 15.3% 2.3% 0.8%
2023-03-07 07:00 AM Jan -7.6% 15% -6.2%
2023-04-05 06:00 AM Feb -7.6%

Denmark Manufacturing Production MoM
In Denmark, manufacturing accounts for 96 percent of total production. The biggest segments within Manufacturing are: pharmaceuticals (20 percent of total manufacturing); food products, beverages and tobacco (14 percent); machinery (14 percent); furniture and other manufacturing (13 percent); metals (9 percent); chemicals and oil refineries (7 percent); and plastic, glass and concrete (7 percent).
Actual Previous Highest Lowest Dates Unit Frequency
-7.60 15.00 16.70 -11.90 2000 - 2023 percent Monthly
SA

News Stream
Danish Manufacturing Output Shrinks 7.6% MoM
Denmark’s manufacturing production shrank 7.6% month-on-month in January 2023, reversing a 15% growth in the previous month. Output dropped faster for pharmaceutical products (-13.6% vs 45.1% in December 2022), electronics (-2.9% vs 11.1%), textiles and leader products (-9.6% vs 2.5%), chemicals and oil refineries (-7.4% vs 3.8%), food, beverages and tobacco (-3.5% vs 4%), and machinery (-4.7% vs 2.2%). In contrast, output rebounded for electrical equipment (16.7% vs -14.1%), fabricated metals (4.5% vs -8.4%) and plastic, glass and concrete (3.2% vs -2.2%). On a non-seasonally adjusted yearly basis, manufacturing production rose 19.6%, easing from a 27.6% increase in the prior month.
2023-03-07
Danish Manufacturing Output Accelerates in December
Denmark’s manufacturing production advanced 15.3% month-on-month in December 2022, accelerating from a downwardly revised 2.3% rise in the previous month. It was the largest growth since October 2016, mainly boosted by the sharp increase in manufacture of pharmaceuticals (46.2% vs 1.9% in November). Additional positive contributions came from production of electronic components (13.7% vs 7.3%), wood, paper products & printing (3% vs -3.1%), chemicals and oil refineries (4.5% vs -11.5%) and textile & leather products (2.4% vs 1.2%). On a non-seasonally adjusted yearly basis, manufacturing output grew 27.4%, the most since 1986.
2023-02-08
Danish Manufacturing Output Rebounds in November
Denmark's manufacturing production grew by 2.4% month-on-month in November 2022, rebounding from an upwardly revised 2.7% rise in October, mainly due to recovery in the machinery (15.6% vs -12.4%); electrical equipment (16.1% vs -15.5%); electronics (14.3% vs -3.9%) and metals (11.2.0% vs -5.2%), and amid a faster rise in the transport industry (19.6% vs 1.0%). Considering the September to November period, manufacturing production advanced by 0.9% compared to the previous month period.
2023-01-10