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||0.22||-1.54 %||Feb 20|
|Exchange Rate||6.58||-0.57 %||Feb 20|
|Stock Market||979||-0.39 %||Feb 20|
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February 20, 2019
In February, consumer confidence dissipated somewhat, with the consumer confidence index released by Statistics Denmark falling to 3.3 points from 3.9 points in January.
February 11, 2019
According to Statistics Denmark, consumer prices rose 0.2% over the previous month in January, swinging from the 0.3% dip recorded in December.
January 30, 2019
According to a survey conducted by Statistics Denmark, business confidence among firms in the industrial sector was unchanged in January at December’s minus 5 points, remaining below the critical zero-point threshold that separates optimism from pessimism in the sector. Continued pessimism in the industrial sector came primarily on the back of plunging new business inflows.
January 23, 2019
The consumer confidence index released by Statistics Denmark recovered slightly at the first of the year, rising to 3.9 points in January from December’s two-year low of 2.9 points.
January 10, 2019
According to Statistics Denmark, consumer prices fell 0.3% over the prior month in December, matching November’s dip.