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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
DenmarkDenmark Consumer Confidence fell to -19.8% in May 2026
FMPMonthlyReleased May 2026
Denmark Consumer Confidence fell to -19.8% in May 2026, down 1.2% from April's -18.6% reading. The reading matched the -19.4% consensus. Consumer Confidence has now declined for 4 consecutive months. Over the past 3 months, Consumer Confidence averaged -16.2%, vs -15.2% in the prior 3-month window. The reading is in the 7th percentile of the trailing 24-month range.
Latest Release
-19.8
Actual
-19.4
Consensus
-18.6
Previous
Median Absolute Error
±1.36 percentage points
across last 12 releases
Last Call
May 2026
Predicted: -18.3
Actual: -19.8
Error: +1.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → 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 -19.8% in May 2026. This missed the market consensus of -19.4% by 0.4%. The reading fell from the previous value of -18.6%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged -17.03%, ranging from -20.1% to -13.1% across 10 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -15.57%, up from the prior three at -18.97%. Volatility over the past year (σ 2.4%) is lower than the prior year (σ 4.48%). In May readings over the past 3 years, Consumer Confidence has averaged -14.9%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 12 releases, the Sigmacast model's median absolute error is 1.36%.
WHAT TO WATCH NEXT
The next release is scheduled for June 22, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 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 (May 2026): actual -19.8 %, consensus -19.4 %. Prior reading (Apr 2026): -18.6 %. Before that (Mar 2026): -13.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.