The Danish consumer confidence index increased to -2.9 in July 2020 from -3.1 in June. It was the strongest reading since March, due to an improvement in expectations regarding the general economic situation (3.0 vs 2.3) while big purchases climate became less negative (-5.3 vs -7.0). Meantime, there was a deterioration in households' financial situation (11.2 vs 12.6) while consumers expect unemployment to increase in a year. Households’ views on savings prospects also worsened (34.0 vs 38.2).

Consumer Confidence in Denmark averaged 0.44 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. Denmark Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Denmark

Consumer Confidence in Denmark is expected to be -1.90 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 1.00 in 12 months time. In the long-term, the Denmark Consumer Confidence is projected to trend around 1.50 points in 2021 and 4.00 points in 2022, according to our econometric models.

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Denmark Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-2.90 -3.10 15.50 -22.00 1974 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-22 06:00 AM Apr -11.9 0.4 -3
2020-05-20 06:00 AM May -8.8 -11.9 -16
2020-06-22 06:00 AM Jun -3.1 -8.8 -7
2020-07-23 06:00 AM Jul -2.9 -3.1 -2.5
2020-08-21 06:00 AM Aug -2.9 -2.1
2020-09-22 06:00 AM Sep -1.9
2020-10-22 06:00 AM Oct
2020-11-20 07:00 AM Nov


News Stream
Danish Consumer Morale Strongest in 4 Months
The Danish consumer confidence index increased to -2.9 in July 2020 from -3.1 in June. It was the strongest reading since March, due to an improvement in expectations regarding the general economic situation (3.0 vs 2.3) while big purchases climate became less negative (-5.3 vs -7.0). Meantime, there was a deterioration in households' financial situation (11.2 vs 12.6) while consumers expect unemployment to increase in a year. Households’ views on savings prospects also worsened (34.0 vs 38.2).
2020-07-23
Danish Consumer Morale Improves in June
The Danish consumer confidence index increased to -3.1 in June 2020, due to an improvement in expectations regarding households' financial situation (12.6 vs 9.6) and general economic situation (2.3 vs -9.2). In addition, consumers expect unemployment to decline in a year, while big purchases climate became less negative (-7.0 vs -7.9). Households’ views on savings prospects also strengthened (38.2 vs 37.3).
2020-06-22
Danish Consumer Confidence Improves in May
The Danish consumer confidence index increased to -8.8 in May 2020, due to an improvement in expectations regarding households' financial situation (9.6 vs 2.7) and general economic situation (-9.2 vs -21.7). In addition, consumers expect unemployment to decline in a year, while big purchases climate became less negative (-7.9 vs -12.5). Households’ views on savings prospects also strengthened (37.3 vs 24.9).
2020-05-20
Danish Consumer Confidence Weakest in Over 11 Years
The Danish consumer confidence index dropped sharply to -11.9 in April 2020, the lowest since December 2008, due to a deterioration in expectations regarding households' financial situation (2.7 vs 10.6) and general economic situation (-21.7 vs -9.9). In addition, consumers expect unemployment to increase in a year, while big purchases climate became more negative. Households’ views on savings prospects also weakened (24.9 vs 36.7).
2020-04-22

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.