The Danish consumer confidence index increased to 4.5 in January 2020 from 1.4 in December 2019. This was the strongest reading since August 2019, as there was an improvement in expectations regarding household’s financial situation (12.0 vs 11.7 in December); general economic situation (-0.9 vs -4.7) and unemployment (2.7 vs 6.2). Meanwhile, households’ views on savings prospects (33.3 from 40.8) and expectations on major purchases (-2.4 vs -0.6) deteriorated.
Consumer Confidence in Denmark averaged 0.50 points from 1974 until 2020, 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. source: Statistics Denmark
Consumer Confidence in Denmark is expected to be 1.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Denmark to stand at -1.50 in 12 months time. In the long-term, the Denmark Consumer Confidence is projected to trend around 1.00 points in 2020, according to our econometric models.