Exports in Denmark
Denmark - Exports
After GDP growth accelerated in sequential terms in the final quarter of 2021, underlying momentum was likely set back in Q1 and at the outset of Q2, despite the scrapping of all Covid-19 restrictions. Industrial output improved at a more moderate pace on average the first two months of the year compared to Q4, as did manufacturing conditions throughout Q1. Meanwhile, notwithstanding the ongoing tightening of the labor market, price pressures continued to build up in Q1 at rates not seen in decades. Inflation, coupled with uncertainty over the implications of the war in Ukraine, weighed heavily on consumer sentiment: It gradually deteriorated from January through April, when it fell to a record low, likely dragging spending. In other news, the country has become the first one in the world to suspend its Covid-19 vaccination program, which could resume in the fall.Denmark - Exports Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Exports (USD billion) | 94.6 | 94.7 | 101 | 109 | 110 |
Denmark Exports Chart
Denmark Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.15 | -1.54 % | Jan 01 |
| Exchange Rate | 6.66 | -0.57 % | Jan 01 |
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Economic News
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Denmark: Manufacturing activity growth gains notable steam in March
May 6, 2022
Manufacturing output rose 5.2% in month-on-month seasonally-adjusted terms in March, which followed February's 1.3% increase.
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Denmark: Consumer sentiment nosedives to record low in April
April 21, 2022
Consumer sentiment plunged in April, falling to minus 20.9—the lowest reading since at least February 1990—markedly down from minus 14.4 in March.
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Denmark: Manufacturing activity growth slows in February
April 8, 2022
Manufacturing output expanded a seasonally-adjusted month-on-month 1.0% in February, moderating from January’s 1.3% increase.
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Denmark: Business sentiment improves slightly in March
March 30, 2022
Business sentiment picked up in March as it reached the 0-point threshold, which indicates neutral sentiment among businesses.
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Denmark: Business confidence picks up in April
March 28, 2022
Business confidence rose to a four-month high of 4.0 in April from March's 0.0.
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