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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
DenmarkDenmark Consumer Confidence fell to -14.7% in July 2026
FMPMonthlyReleased July 2026
Denmark Consumer Confidence fell to -14.7% in July 2026, down 0.7% from June's -14.0% reading. The print exceeded the -16.0% consensus by 1.3%. The print is running well above the 12-month average of -16.91%. Over the past 3 months, Consumer Confidence averaged -16.9%, vs -15.17% in the prior 3-month window. The reading is in the 54th percentile of the trailing 24-month range.
Latest Release
-14.7
Actual
-16
Consensus
-14
Previous
Median Absolute Error
±1.42 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: -15.35
Actual: -14.7
Error: -0.65
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Euro STOXX 50 | ▼ Inverse | −0.57 | INDEX | Moves against | → View |
| DAX | ▼ Inverse | −0.37 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.33 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Denmark) was reported at -14.7% in July 2026. This beat the market consensus of -16% by 1.3%. The reading fell from the previous value of -14%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged -16.82%, ranging from -20.1% to -13.1% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged -16.17%, down from the prior three at -14.73%. Volatility over the past year (σ 2.57%) is lower than the prior year (σ 3.73%). In July readings over the past 3 years, Consumer Confidence has averaged -11.93%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Euro STOXX 50 (Bearish Euro STOXX 50). A secondary relationship exists with DAX, negatively correlated (Bearish DAX). Over the last 12 releases, the Sigmacast model's median absolute error is 1.42%.
WHAT TO WATCH NEXT
The next release is scheduled for August 21, 2026.
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Consumer Confidence - DK
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About Consumer Confidence — Denmark
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual -14.7 %, consensus -16 %. Prior reading (Jun 2026): -14 %. Before that (May 2026): -19.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Euro STOXX 50 (Bearish Euro STOXX 50, r=-0.57) — a useful reference for index-focused traders.
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