Denmark Business Confidence

The manufacturing confidence indicator in Denmark increased to -5 in August 2019 from -7 in the previous month. This was the highest reading since May, due to an improvement in production expectations (12 vs 9 in July). Meanwhile, sentiment deteriorated regarding the stocks of finished goods (14 vs 16) and new order levels (-14 vs -13). Business Confidence in Denmark averaged -1.29 Index Points from 2005 until 2019, reaching an all time high of 14 Index Points in September of 2006 and a record low of -33 Index Points in February of 2009.

Business Confidence in Denmark is expected to be -6.00 Index 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 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-05-29	06:00 AM	Business Confidence May	-2	-3	-6
2019-06-27	06:00 AM	Business Confidence Jun	-5	-2	-3
2019-07-30	06:00 AM	Business Confidence Jul	-7	-6	-6
2019-08-29	06:00 AM	Business Confidence Aug	-5	-7	-6
2019-09-27	06:00 AM	Business Confidence Sep		-5	-6
2019-10-30	07:00 AM	Business Confidence Oct
2019-11-29	07:00 AM	Business Confidence Nov

Denmark Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	-5.00	-7.00	14.00	-33.00	Index Points	[+]
Industrial Production	8.20	-0.90	15.40	-22.20	percent	[+]
Industrial Production Mom	3.20	-5.80	14.80	-10.60	percent	[+]
Manufacturing Production	7.40	2.90	26.10	-20.90	percent	[+]
Capacity Utilization	81.10	81.30	88.90	70.90	percent	[+]
New Orders	12.00	5.00	44.00	-59.00	Index Points	[+]
Changes in Inventories	2294.00	4992.00	10954.00	-11034.00	DKK Million	[+]
Bankruptcies	395.00	636.00	1524.00	69.00	Companies	[+]
Car Registrations	18722.00	16779.00	29700.00	1191.00		[+]
Internet Speed	20105.69	20707.87	20707.87	3196.34	KBps	[+]
IP Addresses	2624652.00	2545183.00	3197587.00	1640027.00	IP	[+]
Manufacturing Pmi	48.69	49.55	69.86	24.36		[+]
Mining Production	-15.20	17.60	47.60	-40.40	percent	[+]
Competitiveness Index	80.62	79.93	80.62	5.17	Points	[+]
Competitiveness Rank	10.00	11.00	15.00	3.00		[+]
Corporate Profits	282297.00	269838.00	282297.00	45386.00	DKK Million	[+]
Ease of Doing Business	3.00	3.00	6.00	2.00		[+]
Electricity Production	1643.00	1467.00	4364.00	1356.00	Gigawatt-hour	[+]
Corruption Index	88.00	88.00	100.00	88.00	Points	[+]
Corruption Rank	1.00	2.00	4.00	1.00		[+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-5.00	-7.00	14.00	-33.00	2005 - 2019	Index Points	Monthly	SA

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Country	Last		Previous	Range
Australia	1.00	Aug/19	4	21 : -30	Index Points
Brazil	59.40	Sep/19	59.4	68.5 : 35	Index Points
Canada	60.60	Aug/19	54.2	75 : 36.1	Index Points
China	49.50	Aug/19	49.7	59.2 : 38.8	Index Points
Euro Area	0.11	Aug/19	-0.11	1.63 : -3.31	Index Points
France	102.00	Aug/19	101	124 : 66	Index Points
Germany	94.30	Aug/19	95.8	110 : 80	Index Points
India	112.80	Sep/19	114	128 : 96.4	Index Points
Indonesia	108.81	Jun/19	102	122 : 95.12	Index Points
Italy	99.70	Aug/19	100	122 : 71.5	Index Points
Japan	7.00	Jun/19	12	53 : -58	Index Points
Mexico	49.70	Aug/19	49.4	58.6 : 34	Index Points
Netherlands	3.90	Aug/19	3.9	10.9 : -23.5	Index Points
Russia	-2.00	Aug/19	-1	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-11.00	Jun/19	1	54 : -57	Index Points
South Africa	21.00	Sep/19	28	92 : 12	Index Points
South Korea	68.00	Aug/19	73	119 : 35	Index Points
Spain	1.40	Aug/19	-2.8	8.5 : -39	Index Points
Switzerland	97.00	Aug/19	97	119 : 71.8	Index Points
Turkey	102.50	Aug/19	98.3	123 : 52.6	Index Points
United Kingdom	-32.00	Sep/19	-13	55 : -75	Index Points
United States	49.10	Aug/19	51.2	77.5 : 29.4	Index Points