Financial News: Denmark Consumer Confidence Falls To 2-Year Low

Denmark Consumer Confidence Falls To 2-Year Low

04/22/2025 - 03:45:00 (RTTNews)

(RTTNews) - Denmark's consumer confidence worsened for the third straight month in April to the lowest level in two years, figures from Statistics Denmark showed on Tuesday.

The consumer confidence index dropped to -17.0 in April from -15.5 in the previous month.

Further, this was the lowest score since April 2023, when it was -18.2.

Four out of five indicators that together form consumer confidence have declined since last month, the survey said.

Opinion regarding the general economic situation of the country over the next year weakened, with the respective index falling to -31.7 in April from -30.8 a month ago.

Consumers' views towards their own financial situation in the next twelve months worsened notably to -6.4 from -1.9 in March. Similarly, the index for the past financial situation dropped to -10.1 from -8.0.

Households expect prices to rise at a slower pace over the next twelve months, and they also expect a rising trend for unemployment.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May (03 min(s), 13 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month ...Full Story»

U.S. Import, Export Prices Unexpectedly Inch Higher In April (13 sec(s) ago)
(RTTNews) - The Labor Department released a report on Friday unexpectedly showing modest increases ...Full Story»

U.S. Housing Starts Rebound Less Than Expected In April, Building Permits Pull Back Sharply (56 min(s), 13 sec(s) ago)
(RTTNews) - While the Commerce Department released a report on Friday showing a rebound by new res ...Full Story»

Eurozone Trade Surplus Surges On Exports To US (10 min(s), 13 sec(s) ago)
(RTTNews) - The euro area trade surplus grew strongly in March as exports to the U.S increased sha ...Full Story»

U.S. Import, Export Prices Unexpectedly Inch Up 0.1% In April (24 min(s), 13 sec(s) ago)
(RTTNews) - The Labor Department released a report on Friday unexpectedly showing modest increases ...Full Story»

U.S. Housing Starts Rebound In April But Building Permits Pull Back Sharply (17 min(s), 13 sec(s) ago)
(RTTNews) - While the Commerce Department released a report on Friday showing a rebound by new res ...Full Story»

Hong Kong Q1 GDP Growth Confirmed At 3.1% (46 min(s), 13 sec(s) ago)
(RTTNews) - Hong Kong's economy expanded at an accelerated pace as initially estimated in th ...Full Story»

Italy Trade Surplus Shrinks In March (20 min(s), 13 sec(s) ago)
(RTTNews) - Italy's foreign trade surplus decreased in March from a year ago as imports grew f ...Full Story»