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||-0.64||-1.54 %||Sep 04|
|Exchange Rate||6.76||-0.57 %||Sep 04|
|Stock Market||1,052||-0.39 %||Sep 04|
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September 10, 2019
Consumer prices dipped 0.4% in month-on-month terms in August, contrasting July’s 0.6% rise.
August 29, 2019
Business confidence among firms in the industrial sector increased to minus five points in August from minus seven points in July, according to a survey conducted by Denmark’s Statistical Institute, due to an improvement in output expectations.
August 22, 2019
The consumer confidence index released by Statistics Denmark rose to 6.3 in August from 2.9 in July.
August 14, 2019
According to Statistics Denmark’s preliminary GDP estimate which is based on production data, the economy grew 0.8% in seasonally-adjusted quarter-on-quarter terms in Q2 2019, accelerating from the 0.1% expansion registered in the first quarter.
August 12, 2019
Consumer prices rose 0.6% in month-on-month terms in June, contrasting the 0.2% decline logged in June.