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.