The manufacturing confidence indicator in Denmark increased to 4 in May 2021 from 1 in the previous month. It was the strongest reading since August 2018, as sentiment improved were seen in the stock of orders (-3 vs -11 in April), while production expectations was stable (at 17), amid an easing the lockdown measures to combat the spread of the coronavirus. Meantime, expectations of stocks of finished goods weakened (2 vs 4). source: Statistics Denmark
Business Confidence in Denmark averaged -1.97 points from 2005 until 2021, reaching an all time high of 14 points in September of 2006 and a record low of -33 points in February of 2009. This page provides the latest reported value for - Denmark Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Business Confidence in Denmark is expected to be 6.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Denmark to stand at -2.00 in 12 months time. In the long-term, the Denmark Business Confidence is projected to trend around -1.00 points in 2022, according to our econometric models.