Denmark Consumer Confidence December 2021

Denmark

Denmark: Consumer sentiment becomes more pessimistic in December

December 21, 2021

Consumer sentiment fell to minus 2.1 in December from November's minus 2.0. December's result marked the weakest reading since March. Consequently, the index moved further below the 0-point threshold, signaling that consumers were pessimistic.

The fall came on the back of a deterioration in consumers' views on the general economic situation over the next 12 months. In contrast, sentiment regarding their financial situation over the next 12 months picked up.

FocusEconomics Consensus Forecast panelists see private consumption expanding 3.9% in 2022, which is down 0.1 percentage points from last month’s forecast, and 2.3% in 2023.


Author:, Economist

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Denmark Consumer Confidence Chart


Denmark Consumer Confidence December 2021

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


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