Denmark - Consumer Confidence

Denmark: Consumer Confidence

Mnemonic CIC.IDNK
Unit %, NSA
Adjustments Not Seasonally Adjusted
Data Mar 2023 -23.1
Feb 2023 -25.1

Series Information

Source Statistics Denmark
Release Consumer Confidence
Frequency Monthly
Start Date 1/31/1974
End Date 3/31/2023

Denmark: Consumer

Reference Last Previous Units Frequency
Consumer Confidence Mar 2023 -23.1 -25.1 %, NSA Monthly
Retail Sales Jan 2023 118.3 114.1 Index 2015=100, SA Monthly
Personal Income 2021 1,298,898,288 1,228,655,168 Ths. DKK Annual

Release Information

The consumer confidence indicator shows the main results of the Consumer Expectations Survey. The purpose of the Consumer Expectations Survey is to analyze the consumer climate through questions about the economic situation as perceived by consumers at a given time concerning both the general economic situation in Denmark and the financial situation of the family. The Danish surveys have been conducted since 1974. From 1996 data is collected in all 12 months of the year.

The Consumer Expectations Survey is a sample survey, in which a representative sample of persons 16-74 years are asked primarily about the consumer expectations. Consumer monthly questions involve financial situation, general economic situation, price trends, unemployment, major purchases and savings. Consumer quarterly questions involve intention to buy a car, purchase or build a home, home improvements. The results are corrected from the effects of non-sampling and non-response and then enumerated so that the figures can directly be classed with the population of adult persons and families in Denmark.

Net figures for consumer confidence indicators are published each month. Logical validation rules are used to validate the data. The series do not contain a seasonal pattern and no seasonal adjustment was undertaken.

Statistics Denmark revises published figures in accordance with the Revision Policy for Statistics Denmark. The common procedures and principles of the Revision Policy are for some statistics supplemented by a specific revision practice. Data revision practice applies only to final figures.