Denmark Consumer Confidence September 2016

Denmark

Denmark: Pessimism rises among Danish consumers in September

September 22, 2016

The mood among Danish consumers turned more pessimistic and fell to the lowest level in over three years in September, as the consumer confidence indicator produced by Statistics Denmark (DST) fell from August’s 4.8 points to 1.8 points.

September’s deterioration reflected that consumers assessed Denmark’s economic outlook in one year as well as the country’s current economic situation worse than in August. They were also more skeptical about the purchase of big ticket items and their household’s financial outlook in one year. Conversely, their opinions about their household’s current economic situation were unchanged.

FocusEconomics Consensus Forecast panelists expect private consumption to expand 1.9% in 2016, which is unchanged from last month’s forecast. For 2017, panelists expect consumption to expand 2.0%.


Author: Teresa Kersting, Economist

Sample Report

Looking for forecasts related to Consumer Confidence in Denmark? Download a sample report now.

Download

Denmark Consumer Confidence Chart


Denmark Consumer Confidence September 2016

Note: Value of monthly consumer confidence.
Source: Statistics Denmark (DST).


Denmark Economic News

  • Denmark: Consumer confidence jumps up in July

    July 20, 2017

    The consumer confidence index released by Denmark Statistics came in at 10.5 points in July, which is up significantly from the previous month’s 7.1 points and the highest reading since May 2015. The improvement was sufficiently broad-based as sentiment regarding nearly all sub-indices improved compared to June.

    Read more

  • Denmark: Inflation eases further in June

    July 10, 2017

    In June, consumer prices declined 0.1% compared to the previous month for the second consecutive month, the lowest reading in seven months.

    Read more

  • Denmark: GDP accelerates in Q1 but domestic demand remains weak

    June 30, 2017

    Revised data confirmed that Denmark’s economy started the year on a slightly stronger note than it finished the previous year: GDP grew 0.6% in Q1 over the previous quarter when adjusted for price and seasonality, marginally above Q4’s 0.5% growth.

    Read more

  • Denmark: Business confidence swings up in June

    June 29, 2017

    The business confidence for manufacturing, developed by the Denmarks Statistik (DST), swung up from minus 6 points in May (previously reported: minus 5 points) to 2 points in June, marking the best result since May 2014.

    Read more

  • Denmark: Consumer confidence improves slightly in June

    June 22, 2017

    The consumer confidence index came in at 7.1 points in June up from 5.8 points in May and is now above the rolling six-month average of 6.0 points. Households reported better economic circumstances compared to a year ago, though they were a bit less optimistic than in May regarding the economic situation of their family in the next 12 months.

    Read more

More news

Search form