The DILF Manufacturing PMI in Denmark decreased to 50.7 in December 2019 from 53.0 in the prior month, as new orders fell for the first time in 6 months (44.5 vs 60.4 in November) and employment rose at a slower pace (56.4 vs 57.8). In contrast, output grew the most in eight months (62.6 vs 53.6). Also, there were increases in stocks of purchased products (35.8 vs 28.2) and inventories of finished products (52.5 vs 34.7).
Manufacturing Pmi in Denmark averaged 55.38 points from 1994 until 2019, reaching an all time high of 69.81 points in October of 1999 and a record low of 25.10 points in February of 2009. This page provides the latest reported value for - Denmark Manufacturing Pmi - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: DILF - Danish Purchasing and Logistics Forum
Manufacturing Pmi in Denmark is expected to be 54.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Denmark to stand at 55.50 in 12 months time. In the long-term, the Denmark Manufacturing PMI is projected to trend around 56.00 points in 2020, according to our econometric models.