Denmark Consumer Confidence

Denmark

Denmark: Consumer confidence in September hits lowest level in nearly two years

September 25, 2015

The consumer confidence indicator developed by Statistics Denmark (DST) decreased from 9.2 points in August to 5.0 points in September, thus falling to the lowest level since March 2014.

September’s reading reflects consumers’ less positive perceptions of the economic situation in Denmark for the next 12 months. Households were also downbeat regarding development of consumer prices, both in terms of the past and what they expect going forward. Moreover, consumers expressed less interest in making big-ticket purchases and they continued to have a negative feeling about their ability to generate savings at present and in the next 12 months.

FocusEconomics Consensus Forecast panelists expect private consumption to expand 1.5% in 2015, which is up 0.1 percentage points from last month’s forecast. For 2016, panelists expect consumption to expand 1.9%.


Author:, Senior 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 2015

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


Denmark Economic News

More news

Search form