Dänemark - Konsumlaune

The Danish consumer confidence index declined to 1.4 in November of 2019 from 1.7 in the previous month. This was the lowest reading since December 2016, as expectations regarding household’s savings prospects deteriorated (32.0 from 34.0 in October). On the other hand, there was an improvement in household’s financial situation (13.5 vs 11.6); major purchases (-3.7 vs -5.1); unemployment prospects (7.7 vs 5.8), and general economic situation (-4.7 vs -5.2).

The Danish consumer confidence index declined to 1.7 in October of 2019 from 4.3 in the previous month. This was the weakest consumer confidence since December 2016, amid lower expectations regarding household’s financial situation (11.6 vs 14.5 in September); savings prospects (34.0 from 44.6); major purchases (-5.1 vs -3.3) and unemployment prospects (5.8 vs 4.1).On the other hand, there was an improvement in general economic situation (-5.2 vs -5.7).

The Danish consumer confidence index declined to 4.3 in September of 2019 from 6.3 in the previous month, amid lower expectations regarding household’s financial situation (14.5 vs 15 in August); general economic situation (-5.7 vs -1.8); unemployment (4.1 vs 1.2); and major purchases (-3.3 vs -0.3). On the other hand, there was an improvement in savings prospects (44.6 from 38.8).

The Danish consumer confidence index increased to 6.3 in August 2019 from 2.9 in the previous month. This was the strongest reading since September last year amid an improvement in consumers' views on past financial situation (11.0 vs 6.3 in July); future financial situation (15.0 vs 9.2); savings prospects (38.8 from 32.1); the current assessment of the country's economic situation (11.6 vs 9.0). Also, an improvement was seen in consumers' views on both intentions to make major purchases (-4.4 vs -6.0) and households' expectations about the economy over the next year (-1.8 vs -4.1).

The Danish consumer confidence index declined to 2.9 in July 2019 from 5.8 in the previous month. This was the weakest reading since December last year amid a deterioration in consumers' views on past financial situation (6.3 vs 9.0 in June); future financial situation (9.2 vs 14.6); savings prospects (32.1 from 33.3); the current assessment of the country's economic situation (9.0 vs 10.2), and households' expectations about the economy over the next year (-4.1 vs 3.5). Meantime, an improvement was seen in consumers' views on intentions to make major purchases (-6.0 vs -8.3).

The Danish consumer confidence index edged down to 5.8 in June 2019 from 5.9 in the previous month, amid a deterioration in consumers' views on past financial situation (9.0 vs 10.7 in May); intentions to make major purchases (-8.3 vs -7.4), and households' expectations about the economy over the next year (3.5 vs 4.4). Meantime, an improvement was seen in consumers' views on future financial situation (14.6 vs 13.8); savings prospects (33.3 from 32.1), and the current assessment of the country's economic situation (10.2 vs 8.0).