Denmark Consumer Confidence September 2021

Denmark

Denmark: Consumer confidence hits over three-year high in September

September 22, 2021

Consumer confidence came in at 8.2 in September, up from August's 4.4 and marked the best reading since July 2018. As a result, the index moved further above the 0-point threshold, separating optimism from pessimism among consumers.

The rise came on the back of an improvement in consumers' views on the general economic situation over the next and past 12 months. In addition, sentiment regarding households’ financial situation over the next and past 12 months also strengthened.

FocusEconomics Consensus Forecast panelists see private consumption expanding 3.3% in 2021, which is up 0.3 percentage points from last month’s forecast, and 3.8% in 2022.


Author:, Junior Economist

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Denmark Consumer Confidence Chart


Denmark Consumer Confidence September 2021

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


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