The manufacturing confidence indicator in Denmark increased to -16 in June 2020 from -26 in the previous month. It was the strongest reading since March, due to an improvement in stock of orders (-30 vs -33), production expectations (0 vs -27) and stocks of finished goods (19 vs 18).

Business Confidence in Denmark averaged -1.84 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. Denmark Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Statistics Denmark

Business Confidence in Denmark is expected to be -12.00 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 -6.00 in 12 months time. In the long-term, the Denmark Business Confidence is projected to trend around -7.00 points in 2021 and -4.00 points in 2022, according to our econometric models.

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Denmark Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-16.00 -26.00 14.00 -33.00 2005 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-30 06:00 AM Mar -7 -4 -16
2020-04-29 06:00 AM Apr -22 -7 -28
2020-05-28 06:00 AM May -26 -22 -34
2020-06-29 06:00 AM Jun -16 -26 -24
2020-07-30 06:00 AM Jul -16
2020-08-28 06:00 AM Aug
2020-09-29 06:00 AM Sep -12
2020-10-29 07:00 AM Oct


News Stream
Danish Business Morale Strongest in 3 Months
The manufacturing confidence indicator in Denmark increased to -16 in June 2020 from -26 in the previous month. It was the strongest reading since March, due to an improvement in stock of orders (-30 vs -33), production expectations (0 vs -27) and stocks of finished goods (19 vs 18).
2020-06-29
Danish Business Confidence Weakest Since 2009
The manufacturing confidence indicator in Denmark fell to -26 in May 2020 from -22 in the previous month. It was the weakest reading since April 2009, due to a deterioration in stock of orders (-33 vs -23). Meanwhile, both production expectations (-27 vs -29) and stocks of finished goods (18 vs 14) improved.
2020-05-28
Danish Business Confidence Weakest in 11 Years
The manufacturing confidence indicator in Denmark plunged to -22 in April 2020 from -7 in the previous month. It was the weakest reading since May 2009, due to a sharp deterioration in both production expectations (-29 vs 6 in March) and orders levels (-23 vs -16). In addition, the level of stocks of finished goods increased (14 vs 11).
2020-04-29
Danish Business Morale Weakens in March
The manufacturing confidence indicator in Denmark declined to -7 in March 2020 from -4 in the previous month, due to a sharp deterioration in production expectations (6 vs 19 in February). Meanwhile, the level of new orders remained negative (at -16), while stocks of finished goods decreased (11 vs 15).
2020-03-30

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.