The manufacturing confidence indicator in Denmark increased to -4 in February 2020 from -9 in the previous month. It was the highest reading since May last year, due to a rise in production expectations (18 vs 9 in January) and a slight improvement in new order levels (-16 vs -17). In addition, there was a decline in stocks of finished goods (15 vs 20). Denmark Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Business Confidence in Denmark averaged -1.49 points from 2005 until 2020, 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. source: Statistics Denmark

Business Confidence in Denmark is expected to be -4.00 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 2.00 in 12 months time. In the long-term, the Denmark Business Confidence is projected to trend around -1.00 points in 2021, according to our econometric models.


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Denmark Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-4.00 -9.00 14.00 -33.00 2005 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-28 07:00 AM Nov -6 -12 -9
2020-01-07 07:00 AM Dec -7 -6 -5
2020-01-30 07:00 AM Jan -9 -7 -5
2020-02-27 07:00 AM Feb -4 -9 -7
2020-03-30 06:00 AM Mar -4
2020-04-29 06:00 AM Apr
2020-05-28 06:00 AM May
2020-06-29 06:00 AM Jun -2


News Stream
Danish Industry Morale Strongest in 9 Months
The manufacturing confidence indicator in Denmark increased to -4 in February 2020 from -9 in the previous month. It was the highest reading since May last year, due to a rise in production expectations (18 vs 9 in January) and a slight improvement in new order levels (-16 vs -17). In addition, there was a decline in stocks of finished goods (15 vs 20).
2020-02-27
Danish Business Morale Weakens in January
The manufacturing confidence indicator in Denmark went down to -9 in January 2020 from -7 in the previous month, due to a decline in production expectations (9 vs 14 in December) and an increase in stocks of finished goods (20 vs 16). Meanwhile, there was a slight improvement in new order levels (-17 vs -18).
2020-01-30
Danish Industry Morale Weakens in December
The manufacturing confidence indicator in Denmark inched down to -7 in December 2019 from -6 in the previous month, due to an increase in finished goods stocks (16 vs 11 in November). Meanwhile, there was an improvement in expectations regarding production (14 vs 11) and new order levels (-18 vs -19).
2020-01-07
Danish Business Confidence Strongest in 3 Months
The manufacturing confidence indicator in Denmark increased to -6 in November 2019 from -12 in the previous month. It was the strongest manufacturing confidence since August, due to an improvement in new order levels expectations (-19 vs -31 in October), and production expectations (11 vs 8). Meanwhile sentiment regarding the stocks of finished goods weakened (11 vs 14).
2019-11-28

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.