Denmark Consumer Confidence

Denmark

Denmark: Consumers more confident in March

March 21, 2014

In March, the consumer confidence indicator developed by Statistics Denmark (DST) rose to 5.0 points. The figure was up from the 4.2 points recorded in February. The monthly result reflects households' more optimistic views regarding their personal financial situations in a year from now. In addition, their perception of the country's economic situation in the next 12 months improved over the previous month. Conversely, their willingness to make major purchases deteriorated over February. FocusEconomics Consensus Forecast panelists expect private consumption to expand 0.4% in 2014, which is unchanged from last month's forecast. For 2015, panelists expect consumption to expand 1.2%.


Author:, Senior Economist

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Denmark Consumer Confidence Chart


Denmark Consumer Confidence March 2014

Note: Value of monthly consumer confidence indicator index.
Source: Statistics Denmark (DST).


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