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.

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Denmark Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-12-20 07:00 AM Dec -28.9 -30.4 -26
2023-01-23 07:00 AM Jan -26.1 -28.9 -26.2
2023-02-20 07:00 AM Feb -26.1


Related Last Previous Unit Reference
Consumer Confidence -26.10 -28.90 points Jan 2023
Retail Sales MoM -2.20 -0.10 percent Dec 2022
Retail Sales YoY -7.80 -7.40 percent Dec 2022
Consumer Spending 239237.00 239950.00 DKK Million Sep 2022
Disposable Personal Income 1303383.99 1233034.86 DKK Million Dec 2021

Denmark Consumer Confidence
In Denmark, the consumer confidence indicator analyzes the consumer climate through questions about the economic situation as perceived by consumers at a given time concerning both the general economic situation in Denmark and the financial situation of the family. At present an omnibus survey consists of a sample of about 1,500 persons, drawn from a population of persons aged 16-74 years residing in Denmark.
Actual Previous Highest Lowest Dates Unit Frequency
-26.10 -28.90 15.50 -37.00 1974 - 2023 points Monthly

News Stream
Danish Consumer Morale Rises to 5-Month High
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).
2023-01-23
Danish Consumer Morale Improves in December
The consumer confidence index in Denmark rose to -28.9 in December 2022 from -30.4 in the previous month, mainly due to the less pessimistic outlook on the current financial situation (-30.9 vs -32.4 in November), general economic situation (-56.5 vs -60) and evaluation of general economic conditions for the next 12 months (-11.7 vs -12.1). On the other hand, sentiments further deteriorated in the assessment of the household's financial situation for the next 12 months (-5.3 vs -4.9), while concerns over unemployment heightened (30.3 vs 25.7). Meanwhile, saving intentions both increased at present (63.6 vs 59.7) and over the next 12 months (18.4 vs 14.2).
2022-12-20
Danish Consumer Mood Strengthens to 3-Month High
The consumer confidence index in Denmark rose to a three-month high of -30.4 in November 2022 from October’s fresh record low of -37. The increase in consumer morale was mainly due to a rise in consumers' expectations of the household's future financial situation (-4.9 vs -14.1 in October) as well as a marked increase in the willingness to buy (-42.3 vs -50.7). At the same time, there was an improvement in both expectation regarding the general economic situation of the country over the next 12 months (-12.1 vs -24.3) and the country’s current economic situation (-60.0 vs -64.1 in October). Meanwhile, expectation regarding the household's current financial situation weakened slightly (-32.4 vs -32.1). Among other indexes of the survey, consumers expect unemployment to decrease in a year (25.7 vs 31.3).
2022-11-22