The consumer confidence index in Denmark dropped to a fresh record low of -25.6 in July 2022 from June’s of -24.8, with three out of the five indicators deteriorating: expectations regarding households' assessments of the family's current financial situation (-21.3 vs -17.3 in June) and the desire to buy (-17.5 vs -16.9), while consumers expect that unemployment to rise in a year (18.1 vs 12.6). Meantime, both consumers' assessment of Denmark's general economic situation over the next 12 months (-23.0 vs -23.5) and expectations regarding households' financial situation over the next 12 months (-7.2 vs -7.8) improved slightly. The consumer confidence index in June was lower than the average for the last six months (-18.6). source: Statistics Denmark

Consumer Confidence in Denmark averaged 0.12 points from 1974 until 2022, reaching an all time high of 15.50 points in January of 2006 and a record low of -25.60 points in July 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 August of 2022.

Consumer Confidence in Denmark is expected to be -2.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Consumer Confidence is projected to trend around 1.50 points in 2023, according to our econometric models.

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Denmark Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-06-22 06:00 AM Jun -24.8 -22.4 -24.3
2022-07-20 06:00 AM Jul -25.6 -24.8 -26.2
2022-08-23 06:00 AM Aug -25.6


Related Last Previous Unit Reference
Consumer Confidence -25.60 -24.80 points Jul 2022
Retail Sales MoM -3.20 -1.00 percent Jun 2022
Retail Sales YoY -9.00 -6.90 percent Jun 2022
Consumer Spending 248850.00 246504.00 DKK Million Mar 2022
Disposable Personal Income 1233034.86 1172507.28 DKK Million Dec 2020

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
-25.60 -24.80 15.50 -25.60 1974 - 2022 points Monthly

News Stream
Danish Consumer Morale Falls to New Record Low
The consumer confidence index in Denmark dropped to a fresh record low of -25.6 in July 2022 from June’s of -24.8, with three out of the five indicators deteriorating: expectations regarding households' assessments of the family's current financial situation (-21.3 vs -17.3 in June) and the desire to buy (-17.5 vs -16.9), while consumers expect that unemployment to rise in a year (18.1 vs 12.6). Meantime, both consumers' assessment of Denmark's general economic situation over the next 12 months (-23.0 vs -23.5) and expectations regarding households' financial situation over the next 12 months (-7.2 vs -7.8) improved slightly. The consumer confidence index in June was lower than the average for the last six months (-18.6).
2022-07-20
Danish Consumer Morale Drops to Fresh Record Low
The consumer confidence index in Denmark fell to a new record low of -24.8 in June 2022 from -22.4 in the previous month, with four out of the five indicators declining: expectations regarding households' assessments of the family's current financial situation (-17.3 vs -14.8 in May), the desire to buy (-16.9 vs -14.5), consumers' assessment of Denmark's general economic situation over the next 12 months (-23.5 vs -23.2), and expectations regarding households' financial situation over the next 12 months (-7.8 vs -6.1) while consumers expect that unemployment to decline in a year (12.6 vs 9.1). The consumer confidence index in June was lower than the average for the last six months (-14.5).
2022-06-22
Danish Consumer Morale Falls to Record Low
The consumer confidence index in Denmark dropped to -22.4 in May 2022 from -20.9 in the previous month, pointing to the weakest reading since the series began in October 1974, with three out of the five indicators declining: expectations regarding households' assessments of the family's current financial situation (-14.8 vs -13.9 in April), the desire to buy (-14.5 vs -12.7), and consumers' assessment of Denmark's general economic situation over the next 12 months (-23.2 vs -22.2). On the other hand, expectations regarding households' financial situation over the next 12 months improved (-6.1 vs -8.4 in April) and consumers expect that unemployment to decline in a year (9.1 vs 11.0). The consumer confidence index in May was lower than the average for the last six months (-10.8).
2022-05-20