Denmark Consumer Confidence February 2017

Denmark

Denmark: Consumer confidence inches up in February

February 20, 2017

Consumer confidence in Denmark rose in February, hitting a six-month high of 4.8 points. The result came in above the 4.5 points in January, Statistics Denmark (DST) reported.

February’s survey reflected that consumers were particularly more positive about the country’s general economic situation in the past year and in the near future. Similarly, households reported that their financial situations would improve in the coming 12 months. Conversely, survey participants were more pessimistic about the development of the unemployment rate.

FocusEconomics Consensus Forecast panelists expect private consumption to expand 1.7% in 2017, which is unchanged from last month’s forecast. For 2018, panelists expect consumption to expand 2.0%.


Author: Marlène Rump, Senior Data Analyst

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Denmark Consumer Confidence Chart


Denmark Consumer Confidence February 2017

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


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