The manufacturing confidence indicator in Denmark moved into the negative territory of -3 in May 2022 from 4 in the previous month, pointing to the lowest reading since November 2020, as entrepreneurs' sentiment about order books were more negative (-12 vs -4) while households' views toward production deteriorated (9 vs 17). At the meantime, manufacturer’s assessment about the stock of finished products improved (6 vs 0 in April). source: Statistics Denmark
Business Confidence in Denmark averaged -1.68 points from 2005 until 2022, reaching an all time high of 14 points in September of 2006 and a record low of -33 points in February of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Business Confidence in Denmark is expected to be -2.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Business Confidence is projected to trend around 1.60 points in 2023 and 1.50 points in 2024, according to our econometric models.