Denmark Consumer Confidence September 2022

Denmark

Denmark: Consumer sentiment dives to fresh record low in September

September 22, 2022

Consumer sentiment plunged to a new record low of minus 32.1 in September, down from the prior month’s minus 25.1. The index moved further below the 0-point threshold, signaling starker pessimism among Danish consumers from the previous month.

The deterioration reflected more pessimism in consumers’ assessment of both their financial situation and the country’s general situation today compared to a year ago, as well as in the coming 12-month period.

FocusEconomics Consensus Forecast panelists see private consumption expanding 1.8% in 2022, which is down 0.4 percentage points from last month’s forecast, and 2.0% in 2023.


Author:, Economist

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Denmark Consumer Confidence Chart


Denmark Consumer Confidence September 2022

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


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