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.

Denmark Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus 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 [+]


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. 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




Country Last Previous
Australia 1.00 Aug/19
Brazil 59.40 Sep/19
Canada 60.60 Aug/19
China 49.50 Aug/19
Euro Area 0.11 Aug/19
France 102.00 Aug/19
Germany 94.30 Aug/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 99.70 Aug/19
Japan 7.00 Jun/19
Mexico 49.70 Aug/19
Netherlands 3.90 Aug/19
Russia -2.00 Aug/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 68.00 Aug/19
Spain 1.40 Aug/19
Switzerland 97.00 Aug/19
Turkey 102.50 Aug/19
United Kingdom -32.00 Sep/19
United States 49.10 Aug/19


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