Industry in Denmark
Denmark - Industry
Industrial production falls in November
In November, industrial output fell 0.6% in seasonally adjusted terms over the previous month, which contrasted the 0.2% increase tallied in October. The monthly drop was driven almost entirely by a deep contraction in the manufacturing sector. On an annual basis, industrial activity fell 0.4%, which contrasted the 0.3% increase in October. The trend pointed downwards for the third consecutive month, with annual average industrial output growth edging down from 3.1% in October to 2.6% in November, the lowest level since December 2010.
Denmark - Industry Data
|Industrial Production (annual variation in %)||0.1||4.2||2.0||2.0||2.7|
5 years of economic forecasts for more than 30 economic indicators.
Denmark Industry Chart
Source: Statistics Denmark (DST) and FocusEconomics calculations.
|Bond Yield||-0.15||-1.54 %||Jan 01|
|Exchange Rate||6.66||-0.57 %||Jan 01|
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November 15, 2022
Economic activity fared well during the third quarter of 2022; GDP posted a 0.5% seasonally adjusted quarter-on-quarter expansion, according to a preliminary release.
November 10, 2022
Inflation came in at 10.1% in October, up from September’s 10.0%.
November 7, 2022
Manufacturing output rose 1.3% month on month in seasonally-adjusted terms in September (August: +3.0% mom).
October 28, 2022
Business sentiment fell to minus 16.0 in October, down from September's minus 9.0.
October 21, 2022
Consumer sentiment plunged to a fresh record low of minus 37.0 in October, down from the prior month’s minus 32.1.