FX.co ★ Danish Consumer Morale Improves to 4-Month High

In June 2025, Denmark saw a rise in the consumer confidence index to -15.1, recovering from an almost two-year low of -18.4 recorded in the previous month. This increase represents the highest level since February, fueled mainly by a more optimistic outlook on the country's economic conditions compared to the previous year (-22.1 against -32 in May) and the prospective economic situation for the next twelve months (-22.8 compared to -28.6). Additionally, households demonstrated a slightly improved view of their financial situations both retrospectively compared to last year (-11.9 versus -12.7) and in terms of forecasts for the coming year (-4.7 compared to -5.5), indicating a decrease in pessimism. Unemployment concerns, which are not included in the confidence metrics, showed signs of subsiding, with fewer respondents predicting a rise in unemployment rates (12.9 compared to 19.1). Inflation expectations eased moderately, as a reduced number of consumers anticipated price hikes in the next year (36.7 compared to 40.8).