The Danish consumer confidence index increased to 4.4 in August of 2021 from 2.6 in the previous month. It was the strongest reading since January 2020, before COVID-19 hit Denmark, due to an improvement in households’ views on households' financial situation the next 12 months (13.5 vs 11.2 in July) while the general economic situation in the last 12 months moved into the positive territory for first time since March 2020 (0.4 vs -5.9), At the same time, there was an improvement in savings prospects (45.5 vs 40.3). Meanwhile, household views on both the general economic situation in the next 12 months (8.6 vs 9.3) and big purchases climate (-0.8 vs 1.7) deteriorated. Still, consumer confidence in August was higher than the average for the last six months (1.0). source: Statistics Denmark
Consumer Confidence in Denmark averaged 0.36 points from 1974 until 2021, reaching an all time high of 15.50 points in January of 2006 and a record low of -22 points in December of 1988. This page provides the latest reported value for - Denmark Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Consumer Confidence in Denmark is expected to be 1.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Consumer Confidence is projected to trend around 1.80 points in 2022 and 1.50 points in 2023, according to our econometric models.