Economic Calendar

Danish Consumer Morale Improves to 1-Year High

Denmark’s consumer confidence index increased to -13.4 in January 2026 from -17.3 in the previous month. This marked the highest reading since January 2025, driven by a better assessment of household finances, with the indicator for the family’s current financial situation climbing to -8.2, the highest level since March 2025. Expectations for the national economy over the next 12 months also became less pessimistic (-15.8 vs -21.0), while outlooks for household finances in a year edged closer to neutral (-1.5 vs -4). However, consumers continued to view Denmark’s current economic situation as weaker than a year ago (-24.4 vs -28.7) and sentiment toward major purchases remained subdued (-17.2 vs -17.3), reflecting ongoing caution. Among other indicators, consumers reported higher prices than a year earlier (44.5 vs 50.8) but expected slower price increases ahead (18.1 vs 26.1), while expectations for higher unemployment over the coming year remained elevated (15.6 vs 15.7).

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