The manufacturing confidence indicator in Denmark declined to -10 in June of 2022 from a downwardly revised -4 in the previous month, pointing to the lowest reading since September 2020, as entrepreneurs' sentiment about order books were more negative (-13 vs -12) while households' views toward production moved into the negative territory (-5 vs 7). At the meantime, manufacturer’s assessment about the stock of finished products improved (12 vs 6 in May). source: Statistics Denmark

Business Confidence in Denmark averaged -1.72 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 July of 2022.

Business Confidence in Denmark is expected to be -5.00 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.

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Denmark Business Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-05-30 06:00 AM May -3 4 3
2022-06-29 06:00 AM Jun -10 -4 -5
2022-07-28 06:00 AM Jul -10


Related Last Previous Unit Reference
Business Confidence -10.00 -4.00 points Jun 2022
Industrial Production Mom 1.10 4.30 percent Apr 2022
Industrial Production 17.00 13.80 percent Apr 2022
New Orders 4.00 11.00 points Mar 2022
Changes in Inventories 10260.00 7702.00 DKK Million Mar 2022
Bankruptcies 833.00 729.00 Companies May 2022
Car Registrations 13644.00 11152.00 May 2022
Corporate Profits 321991.00 370803.00 DKK Million Dec 2019

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.
Actual Previous Highest Lowest Dates Unit Frequency
-10.00 -4.00 14.00 -33.00 2005 - 2022 points Monthly
SA

News Stream
Danish Business Confidence Drops to 21-Month Low
The manufacturing confidence indicator in Denmark declined to -10 in June of 2022 from a downwardly revised -4 in the previous month, pointing to the lowest reading since September 2020, as entrepreneurs' sentiment about order books were more negative (-13 vs -12) while households' views toward production moved into the negative territory (-5 vs 7). At the meantime, manufacturer’s assessment about the stock of finished products improved (12 vs 6 in May).
2022-06-29
Danish Business Morale Falls to 1-1/2-Year Low
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).
2022-05-30
Danish Business Morale Strongest in 4 Months
The manufacturing confidence indicator in Denmark increased to 4 in April 2022 from 0 in the previous month, pointing to the highest reading since last December, as households' views toward production improved (17 vs 13) while entrepreneurs' sentiment about order books were less negative (-4 vs -7). At the meantime, manufacturer’s assessment about the stock of finished products deteriorated (0 vs 5 in March).
2022-04-28