Retail sales in Denmark increased by 2.5 percent year-on-year in October 2018, accelerating from an upwardly revised 0.8 percent growth in the previous month, due to a rise in sales of other consumer goods (5.9 percent vs 3.4 percent in September) and a rebound in sales of food products (0.8 percent vs -1.3 percent). Meanwhile, sales of clothing and footwear continued to decline (-5.8 percent vs -1.9 percent). On a monthly basis, retail sales went down 0.7 percent in October, compared to a downwardly revised 0.4 percent rise in September. Retail Sales YoY in Denmark averaged 1.11 percent from 1996 until 2018, reaching an all time high of 15.10 percent in April of 2000 and a record low of -10.20 percent in February of 2009.

Retail Sales YoY in Denmark is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Denmark to stand at 2.50 in 12 months time. In the long-term, the Denmark Retail Sales YoY is projected to trend around 0.80 percent in 2020, according to our econometric models.

Denmark Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-24 06:00 AM Retail Sales YoY 0.5% 3.1% 1.1%
2018-09-25 06:00 AM Retail Sales YoY 3.5% 0.4% 2.5%
2018-10-26 06:00 AM Retail Sales YoY 0.7% 3.2% 3.2%
2018-11-26 07:00 AM Retail Sales YoY 2.5% 0.8% 0.9%
2018-12-21 07:00 AM Retail Sales YoY 2.5% 1.3%
2019-01-23 07:00 AM Retail Sales YoY 1.10%
2019-02-22 07:00 AM Retail Sales YoY


Denmark Consumer Last Previous Highest Lowest Unit
Consumer Confidence 4.30 5.10 15.50 -22.00 Index Points [+]
Retail Sales MoM -0.70 0.40 1.90 -1.40 percent [+]
Retail Sales YoY 2.50 0.80 15.10 -10.20 percent [+]
Consumer Spending 232697.00 232016.00 232697.00 151525.00 DKK Million [+]
Disposable Personal Income 1095269.86 1055765.07 1095269.86 368723.09 DKK Million [+]
Personal Savings 14.44 17.38 17.61 -2.67 percent [+]
Households Debt To GDP 117.30 117.10 139.40 69.10 percent of GDP [+]
Households Debt To Income 240.58 243.95 269.77 180.80 percent [+]
Consumer Credit 19631.00 18978.00 21644.00 14045.00 DKK Million [+]
Gasoline Prices 1.92 1.99 2.41 1.01 USD/Liter [+]
Consumer Confidence Current Conditions 16.00 13.90 28.10 -63.00 [+]
Consumer Confidence Economic Expectations 13.00 9.30 25.60 -46.00 [+]
Consumer Confidence Financial Expectations 15.70 12.30 19.00 -9.00 [+]
Consumer Confidence Major Purchases Expectations -3.00 -2.20 4.40 -18.00 [+]
Consumer Confidence Price Trends 17.40 20.10 76.00 -41.60 [+]
Consumer Confidence Savings Expectations 29.40 32.90 42.50 -27.00 [+]
Consumer Confidence Unemployment Expectations -10.40 -11.10 51.40 -26.00 [+]


Denmark Retail Sales YoY

In Denmark, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides the latest reported value for - Denmark Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 0.80 15.10 -10.20 1996 - 2018 percent Monthly
NSA




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