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 %)||-0.3||0.7||0.1||4.2||2.0|
5 years of economic forecasts for more than 30 economic indicators.
Denmark Industry Chart
Source: Statistics Denmark (DST) and FocusEconomics calculations.
|Bond Yield||0.26||-1.54 %||Dec 12|
|Exchange Rate||6.57||-0.57 %||Dec 12|
|Stock Market||926||-0.39 %||Dec 12|
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December 10, 2018
Consumer prices fell 0.3% over the prior month in November, contrasting the 0.3% increase logged in October.
November 30, 2018
According to the latest national accounts data released on 30 November by Statistics Denmark, the economy gained traction in the third quarter, after registering weak growth in the first two quarters of the year.
November 29, 2018
According to a survey conducted by Statistics Denmark, business confidence among firms in the industrial sector ticked up to minus 1 point in November from minus 2 points in October, remaining below the zero-point threshold that separates optimism from pessimism in the sector. The slight improvement in industrial business sentiment was driven by firms’ greater confidence in the production outlook.
November 22, 2018
The consumer confidence index released by Statistics Denmark fell to 4.3 points in November from 5.1 points in October, the lowest level since February 2017.
October 30, 2018
According to a survey conducted by Statistics Denmark, business confidence among firms in the industrial sector dipped to a seven-month low in October.