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.