FX.co ★ Denmark Consumer Confidence Lowest Since 2023

In November 2025, Denmark witnessed a decline in consumer confidence, with its index dropping to -20.1 from -19.5 the previous month. This figure signifies the lowest point since March 2023. The downturn is largely attributed to growing pessimism regarding the national economic climate over the past year, deteriorating from -32.9 in October to -34.4 in November, alongside more negative projections for the upcoming 12 months (-27.2 compared to -25 previously). Households also reported a decline in their personal financial conditions, moving to -15.1 from -14.3. Though the sentiment around the current conditions for significant purchases maintained a steady score of -19.5, the outlook for the following year showed a slight improvement in confidence, hitting -9.1 from -9.6. Furthermore, among the variables not factored into the main confidence metric, there was a noticeable increase in apprehension about potential unemployment over the next year, climbing to 18.6 from 15.4. Similarly, expectations for price changes over the next 12 months rose from 29.6 to 30.8.