The consumer confidence index in Denmark improved to -26.1 in January 2023 from -28.9 in the previous month, pointing to the highest level since last August. The increase in consumer morale was mainly due to brightened expectations of general economic conditions for the next 12 months (-6.3 vs -11.7 in December 2022), the current general economic situation (-54.9 vs -56.5), the household's financial situation for the next 12 months (-1.2 vs -5.3), and the current financial situation (-26.2 vs -30.9). At the same time, consumers projected unemployment to decline in a year (27.4 vs 30.3). Saving intentions rose both for the present (64.3 vs 63.6) and for the next 12 months (26.6 vs 18.4). source: Statistics Denmark
Consumer Confidence in Denmark averaged -0.26 points from 1974 until 2023, reaching an all time high of 15.50 points in January of 2006 and a record low of -37.00 points in October of 2022. 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 February of 2023.
Consumer Confidence in Denmark is expected to be -12.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.