The manufacturing confidence indicator in Denmark increased to -7 in July 2020 from -16 in the previous month. It was the strongest reading since March, due to an improvement in both stock of orders (-21 vs -30 in June) and production expectations (14 vs 0), while stocks of finished goods weakened (14 vs 19).

Business Confidence in Denmark averaged -1.87 points from 2005 until 2020, 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 August of 2020. source: Statistics Denmark

Business 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. Looking forward, we estimate Business Confidence in Denmark to stand at -6.00 in 12 months time. In the long-term, the Denmark Business Confidence is projected to trend around -7.00 points in 2021 and -4.00 points in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Denmark Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-7.00 -16.00 14.00 -33.00 2005 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-29 06:00 AM Apr -22 -7 -28
2020-05-28 06:00 AM May -26 -22 -34
2020-06-29 06:00 AM Jun -16 -26 -24
2020-07-30 06:00 AM Jul -7 -16 -13
2020-08-28 06:00 AM Aug -7
2020-09-29 06:00 AM Sep -12
2020-10-29 07:00 AM Oct
2020-11-27 07:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Danish Business Confidence Strongest in 4 Months
The manufacturing confidence indicator in Denmark increased to -7 in July 2020 from -16 in the previous month. It was the strongest reading since March, due to an improvement in both stock of orders (-21 vs -30 in June) and production expectations (14 vs 0), while stocks of finished goods weakened (14 vs 19).
2020-07-30
Danish Business Morale Strongest in 3 Months
The manufacturing confidence indicator in Denmark increased to -16 in June 2020 from -26 in the previous month. It was the strongest reading since March, due to an improvement in stock of orders (-30 vs -33), production expectations (0 vs -27) and stocks of finished goods (19 vs 18).
2020-06-29
Danish Business Confidence Weakest Since 2009
The manufacturing confidence indicator in Denmark fell to -26 in May 2020 from -22 in the previous month. It was the weakest reading since April 2009, due to a deterioration in stock of orders (-33 vs -23). Meanwhile, both production expectations (-27 vs -29) and stocks of finished goods (18 vs 14) improved.
2020-05-28
Danish Business Confidence Weakest in 11 Years
The manufacturing confidence indicator in Denmark plunged to -22 in April 2020 from -7 in the previous month. It was the weakest reading since May 2009, due to a sharp deterioration in both production expectations (-29 vs 6 in March) and orders levels (-23 vs -16). In addition, the level of stocks of finished goods increased (14 vs 11).
2020-04-29

Denmark Business Confidence
In Denmark, the tendency survey in manufacturing provides information on the current situation as well as expectations for the coming three months for the manufacturing industries. The most important variables used in the survey are production, employment, new orders, sales prices, investment plans and limits to production.