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.

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Denmark Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
4.40 2.60 15.50 -22.00 1974 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-05-21 06:00 AM May 2.8 -1.1 1.5
2021-06-22 06:00 AM Jun 2.3 2.8 2
2021-07-22 06:00 AM Jul 2.6 2.3 2.9
2021-08-23 06:00 AM Aug 4.4 2.6 2.3
2021-09-22 06:00 AM Sep 4.4
2021-10-21 06:00 AM Oct
2021-11-22 07:00 AM Nov
2021-12-23 07:00 AM Dec


News Stream
Danish Consumer Morale Back to Pre-Pandemic Level
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).
2021-08-23
Danish Consumer Confidence Improves in July
The Danish consumer confidence index increased slightly to 2.6 in July of 2021 from 2.3 in the previous month, due to an improvement in households’ views on households' financial situation in the last 12 months (7.6 vs 6.3 in June) and the general economic situation in the last 12 months (-5.9 vs -10.3). At the same time, consumers expect unemployment to decline in a year. Meanwhile, household views on both the general economic situation in the next 12 months (9.3 vs 10.4) and financial situation in the next 12 months (11.2 vs 12.4) weakened and there was a deterioration in both savings prospects (40.3 vs 44.2) and big purchases climate (1.7 vs 3.3). Still, consumer confidence in July was higher than the average for the last six months (-0.6).
2021-07-22
Danish Consumer Confidence Weakens Slightly in June
The Danish consumer confidence index declined slightly to 2.3 in June of 2021 from 2.8 in the previous month, due to a deterioration in households’ views on households' financial situation in the next 12 months (12.4 vs 14.4 in May). Meanwhile, the general economic situation in the next 12 months strengthened (10.4 vs 8.5 in May) and there was an improvement in both savings prospects (44.2 vs 41.1) and big purchases climate (3.3 vs 0.6). At the same time, consumers expect unemployment to decline in a year. Still, consumer confidence in June was higher than the average for the last six months (-1.7).
2021-06-22
Danish Consumer Confidence Strongest in 15 Months
The Danish consumer confidence index moved into positive territory for the first time since March last year of 2.8 in May of 2021 from -1.1 in the previous month. It was the strongest reading since February 2020, due to an improvement in households’ views on the general economic situation in the next 12 months (8.5 vs 7.4 in April) and households' financial situation in the next 12 months (14.4 vs 13.1). They were more also positive about the financial situation over the last 12 months (7.8 vs 4.1), the highest level since September 2019. At the same time, consumers expect unemployment to decline in a year. On the other hand, there was deterioration in savings prospects (41.1 vs 41.8) and big purchases climate (0.6 vs 4.8).
2021-05-21

Denmark Consumer Confidence
In Denmark, the consumer confidence indicator analyzes the consumer climate through questions about the economic situation as perceived by consumers at a given time concerning both the general economic situation in Denmark and the financial situation of the family. At present an omnibus survey consists of a sample of about 1,500 persons, drawn from a population of persons aged 16-74 years residing in Denmark.