The Danish PMI rose to 61.75 in October of 2020 from 55.15 in September, the highest since February 2018. source: DILF - Danish Purchasing and Logistics Forum

Manufacturing Pmi in Denmark averaged 55.26 points from 1994 until 2020, reaching an all time high of 69.96 points in September of 2015 and a record low of 24.37 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 November of 2020.

Manufacturing Pmi in Denmark is expected to be 55.00 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 55.00 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.

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Denmark Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
61.75 55.15 69.96 24.37 1994 - 2020 points Monthly

News Stream
Danish Factory Activity Growth Slows
The Danish PMI fell to 52.3 in August of 2020 from 56.9 in July which was the biggest value in over a year. Still, the reading pointed to an expansion in factory activity for the fourth straight month. A slowdown was seen in new orders (55.1 vs 65.5 in July) and production (61.1 vs 64.4) and further decreases were recorded for employment (48.5 vs 48.4), delivery times (48 vs 48.9), and stocks of finished products (29.9 vs 35.5).
Danish Factory Activity Growth at Over 1-Year High
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).
Danish Factory Activity Growth Slows in June
The DILF Manufacturing PMI in Denmark dropped to 52.2 in June 2020 from an upwardly revised 54.5 in the previous month. The latest reading pointed to a softer expansion in factory activity, as both output (56.3 vs 58.4 in May) and new orders (64.4 vs 66.8) rose at a slower pace. Additionally, employment declined less (42.1 vs 32.5) while purchasing activity fell further (34.2 vs 37.4). On the price front, input cost inflation quickened (41.6 vs 34.8).
Danish Manufacturing Sector Returns to Growth
The DILF Manufacturing PMI in Denmark rose to 54 in May of 2020 from a downwardly revised 37.2 in the previous month. The latest reading pointed to the first expansion in factory activity since January. Both output (58.6 vs 31.3 in April) and new orders (67.2 vs 22.5) rose into positive territory while purchasing activity fell less (37.4 vs 36.3). Meantime, employment declined further (31.7 vs 37.9). On the price front, input cost inflation accelerated (34.5 vs 32).

Denmark Manufacturing PMI
In Denmark, the PMI measures the weighted average of order books, production, workforce, delivery time, finished goods inventories, cost prices, purchasing quantities and stock of end products. A reading in excess of 50 indicates positive sentiment among a majority of respondent companies, while a figure below 50 points to negative expectations.