The manufacturing confidence indicator in Denmark fell to -7 in July 2019 from a downwardly revised -6 in the previous month. This was the weakest reading since November 2016, due to a deterioration in new order levels (-13 vs -11 in June) and production expectations (9 vs 10). Meanwhile, stocks of finished goods was unchanged (at 16). Business Confidence in Denmark averaged -1.26 Index Points from 2005 until 2019, reaching an all time high of 14 Index Points in September of 2006 and a record low of -33 Index Points in February of 2009.

Business Confidence in Denmark is expected to be -6.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Denmark to stand at -2.00 in 12 months time. In the long-term, the Denmark Business Confidence is projected to trend around -2.00 Index Points in 2020, according to our econometric models.

Denmark Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-29 06:00 AM Business Confidence Apr -3 -5 0.3 -6
2019-05-29 06:00 AM Business Confidence May -2 -3 -6
2019-06-27 06:00 AM Business Confidence Jun -5 -2 -3
2019-07-30 06:00 AM Business Confidence Jul -7 -6 -6
2019-08-29 06:00 AM Business Confidence Aug -7
2019-09-27 06:00 AM Business Confidence Sep -6
2019-10-30 07:00 AM Business Confidence Oct


Denmark Business Last Previous Highest Lowest Unit
Business Confidence -7.00 -6.00 14.00 -33.00 Index Points [+]
Industrial Production -0.50 10.90 15.40 -22.20 percent [+]
Industrial Production Mom -5.90 3.80 14.80 -10.60 percent [+]
Manufacturing Production 11.40 6.50 26.10 -20.90 percent [+]
Capacity Utilization 81.10 81.30 88.90 70.90 percent [+]
New Orders 12.00 6.00 44.00 -59.00 Index Points [+]
Changes in Inventories 6749.00 3248.00 10954.00 -11034.00 DKK Million [+]
Bankruptcies 636.00 461.00 1524.00 69.00 Companies [+]
Car Registrations 16779.00 20779.00 29700.00 1191.00 [+]
Internet Speed 20105.69 20707.87 20707.87 3196.34 KBps [+]
IP Addresses 2624652.00 2545183.00 3197587.00 1640027.00 IP [+]
Manufacturing Pmi 49.50 45.00 69.79 24.97 [+]
Mining Production 19.80 10.10 47.60 -40.20 percent [+]
Competitiveness Index 80.62 79.93 80.62 5.17 Points [+]
Competitiveness Rank 10.00 11.00 15.00 3.00 [+]
Corporate Profits 269838.00 244507.00 269838.00 45386.00 DKK Million [+]
Ease of Doing Business 3.00 3.00 6.00 2.00 [+]
Electricity Production 1467.00 2334.00 4364.00 1356.00 Gigawatt-hour [+]
Corruption Index 88.00 88.00 100.00 88.00 Points [+]
Corruption Rank 1.00 2.00 4.00 1.00 [+]


Denmark Business Confidence

In Denmark, the tendency survey in manufacturing provides information on the current situation as well as expectations for the coming three months for the manufacturing industries. The most important variables used in the survey are production, employment, new orders, sales prices, investment plans and limits to production. This page provides the latest reported value for - Denmark Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Business Confidence - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-7.00 -6.00 14.00 -33.00 2005 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 4.00 Jul/19
Brazil 57.40 Jul/19
Canada 54.20 Jul/19
China 49.70 Jul/19
Euro Area -0.12 Jul/19
France 101.00 Jul/19
Germany 95.70 Jul/19
India 113.50 Jun/19
Indonesia 108.81 Jun/19
Italy 100.10 Jul/19
Japan 7.00 Jun/19
Mexico 49.50 Jul/19
Netherlands 3.90 Jul/19
Russia -1.00 Jul/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 28.00 Jun/19
South Korea 73.00 Jul/19
Spain -2.80 Jul/19
Switzerland 97.10 Jul/19
Turkey 98.30 Jul/19
United Kingdom -32.00 Sep/19
United States 51.20 Jul/19


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