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FX.co ★ Danish Consumer Mood Worsens in July

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typeContent_19130:::2025-07-23T06:20:32

Danish Consumer Mood Worsens in July

In July 2025, Denmark's consumer confidence index dropped to -15.7, down from the previous month's four-month high of -15.1. This decline was largely attributed to worsening perceptions of household financial conditions, which fell to -5.8 from June's -4.7, as well as more negative views on the country's economic prospects for the next year, sliding to -23.5 from -22.8. Additionally, consumers continue to show hesitation in making significant purchases, with the index for major consumer goods decreasing to -16 from -14.2. On the upside, comparisons of current family finances to a year ago showed slight improvement, rising to -11.1 from -11.9, accompanied by a marginally better view on last year's economic situation, moving to -21.9 from -22.1. Outside the main confidence indicator, projections for unemployment trends over the next year shifted higher, albeit at a reduced pace, moving to 11 from 12.9, while expected price developments moderated slightly, dropping to 36.1 from 36.7.

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