The manufacturing confidence indicator in Denmark declined slightly to -4 in February 2021 from -3 in the previous month, as expectations of the stock of orders remained in a territory negative (-18 vs -18 in January 2021), amid the hard lockdown measures to combat the spread of the coronavirus. Meanwhile, sentiment improved were seen in both production expectations (15 vs 14) and stocks of finished goods (8 vs 5). source: Statistics Denmark

Business Confidence in Denmark averaged -2.04 points from 2005 until 2021, reaching an all time high of 14 points in September of 2006 and a record low of -33 points in February of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Business Confidence in Denmark is expected to be -7.00 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 -7.00 in 12 months time. In the long-term, the Denmark Business Confidence is projected to trend around -4.00 points in 2022, according to our econometric models.

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Denmark Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-4.00 -3.00 14.00 -33.00 2005 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-27 07:00 AM Nov -10 -7 -10
2021-01-06 07:00 AM Dec -2 -9 -6
2021-01-28 07:00 AM Jan -3 -2 -5
2021-02-25 07:00 AM Feb -4 -3 -5
2021-03-30 06:00 AM Mar -4
2021-04-28 06:00 AM Apr
2021-05-28 06:00 AM May
2021-06-29 06:00 AM Jun


News Stream
Danish Business Sentiment Weakens
The manufacturing confidence indicator in Denmark declined slightly to -4 in February 2021 from -3 in the previous month, as expectations of the stock of orders remained in a territory negative (-18 vs -18 in January 2021), amid the hard lockdown measures to combat the spread of the coronavirus. Meanwhile, sentiment improved were seen in both production expectations (15 vs 14) and stocks of finished goods (8 vs 5).
2021-02-25
Danish Business Morale Weakens in January
The manufacturing confidence indicator in Denmark declined to -3 in January 2021 from -2 in the previous month, due to a deterioration in sentiment regarding the stock of orders (-18 vs -15 in December 2020), production expectations (14 vs 15) and expectations of stocks of finished goods (5 vs 6), amid the hard lockdown measures to combat the spread of the coronavirus.
2021-01-28
Danish Business Sentiment Rises to 19-Month High
The manufacturing confidence indicator in Denmark increased to -2 in December 2020 from a revised -9 in the previous month. It was the strongest industrial confidence since May last year, as there were improvements in sentiment regarding the stock of orders (-15 vs -25 in November) and production expectations (15 vs -4). Meantime, expectations of stocks of finished goods weakened (6 vs 8).
2021-01-06
Danish Business Sentiment Weakens in November
The manufacturing confidence indicator in Denmark decreased to -10 in November 2020 from -7 in the previous month. There were deteriorations in sentiment regarding the stock of orders (-25 vs -21 in October) and production expectations (3 vs 8). Meantime, expectations of stocks of finished goods was stable (at 8).
2020-11-27

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.