The consumer confidence index in Denmark rose to -1.5 in January 2022 from -2.1 in the previous month, due to an improvement in households' assessments of the family's current financial situation (3.2 vs 0.9 in December), as well as an increase in the desire to buy (-11.9 vs -14.8). On the other hand, there was a decline in consumers' assessment of Denmark's current economic situation (-5.2 vs -2.6) and in expectations regarding households' financial situation over the next 12 months (9.5 vs 9.8 in December). Consumers continued to expect unemployment to decline. The consumer confidence index in January was lower than the average for the last six months (1.7). source: Statistics Denmark

Consumer Confidence in Denmark averaged 0.36 points from 1974 until 2022, reaching an all time high of 15.50 points in January of 2006 and a record low of -22 points in December of 1988. 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 January of 2022.

Consumer 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 Consumer Confidence is projected to trend around 1.50 points in 2023, according to our econometric models.

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Denmark Consumer Confidence


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
-1.50 -2.10 15.50 -22.00 1974 - 2022 points Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-12-21 07:00 AM Dec -2.1 -2 -5
2022-01-21 07:00 AM Jan -1.5 -2.1 -1.2
2022-02-18 07:00 AM Feb -1.5


Related Last Previous Unit Reference
Consumer Confidence -1.50 -2.10 points Jan/22
Retail Sales MoM -4.50 -0.40 percent Dec/21
Retail Sales YoY 3.40 1.50 percent Dec/21
Consumer Spending 252949.00 240453.00 DKK Million Sep/21
Disposable Personal Income 1233034.86 1172507.28 DKK Million Dec/20


News Stream
Danish Consumer Morale Strongest in 3 Months
The consumer confidence index in Denmark rose to -1.5 in January 2022 from -2.1 in the previous month, due to an improvement in households' assessments of the family's current financial situation (3.2 vs 0.9 in December), as well as an increase in the desire to buy (-11.9 vs -14.8). On the other hand, there was a decline in consumers' assessment of Denmark's current economic situation (-5.2 vs -2.6) and in expectations regarding households' financial situation over the next 12 months (9.5 vs 9.8 in December). Consumers continued to expect unemployment to decline. The consumer confidence index in January was lower than the average for the last six months (1.7).
2022-01-21
Danish Consumer Morale Weakest in 9 Months
Danish consumer confidence index edged down to -2.1 in December of 2021 from -2.0 in the previous month, amid imposing COVID-19 restrictions. It was the weakest reading since March, due to a deterioration in both household’s views on the general economic situation in the next 12 months (-3.7 vs -3.2 in November) and the big purchases climate (-6.1 vs -3.3). Meanwhile, households’ views on households' financial situation the next 12 months strengthened (9.8 vs 5.7 in November). Still, consumers continued to expect unemployment to decline. Consumer confidence in December was lower than the average for the last six months (2.4).
2021-12-21
Danish Consumer Confidence Drops to 8-Month Low
Danish consumer confidence index dropped into negative territory for the first time in 7 months of -2.0 in November of 2021 from 3.3 in the previous month, amid rising COVID-19 infections. It was the weakest reading since March, due to a deterioration in both households’ views on households' financial situation the next 12 months (5.7 vs 9.8 in October) and the general economic situation in the next 12 months (-3.2 vs 9.7). At the same time, the big purchases climate weakened (-3.3 vs -0.8). Still, consumers continued to expect unemployment to decline. Consumer confidence in November was lower than the average for the last six months (3.1).
2021-11-22