The DILF Manufacturing PMI in Denmark increased to 57.4 in July 2020 from an upwardly revised 53.1 in the previous month, pointing to the sharpest expansion in over a year amid the easing of coronavirus lockdown restrictions. Output (64.9 vs 57 in June) and new orders (65.5 vs 64.9) continued to rise. In addition, purchasing activity returned to positive territory (62.2 vs 35.2) while employment fell at a softer pace (45.6 vs 42.5). On the price front, input prices dropped (40.6 vs 41.5).
Manufacturing Pmi in Denmark averaged 55.24 points from 1994 until 2020, reaching an all time high of 69.94 points in September of 2015 and a record low of 24.33 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. Denmark Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: DILF - Danish Purchasing and Logistics Forum
Manufacturing Pmi in Denmark is expected to be 54.50 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 55.30 points in 2021 and 54.30 points in 2022, according to our econometric models.