Short term trends
The short term economic development in Denmark is illustrated by a number of indicators. This development is shown in percentage in relation to, the previous period (t-1), three months before (t-3), the same quarter of the previous year (t-4) or the same month of the previous year (t-12)
The numbers of the short term economic development are updated on a daily basis at 8.05 am.
Period | Value | Dev. | ||
---|---|---|---|---|
National accounts | t/(t-1) | |||
Gross domestic product, real growth (DKK billion, 2020-price level chain figures) | Q1/24 | 653 | -1.4 | |
Household consumption expenditure, real growth (DKK billion, 2020-price level chain figures) | Q1/24 | 281 | -0.2 | |
NPISH consumption expenditure, real growth (DKK billion, 2020-price level chain figures) | Q1/24 | 9 | 1.1 | |
Government consumption, real growth (DKK billion, 2020-price level chain figures) | Q1/24 | 148 | 1.2 | |
Gross capital formation, real growth (DKK million, 2020-price level chain figures) | Q1/24 | 116,003 | -7.0 | |
Imports of goods and services, real growth (DKK billion, 2020-price level chain figures) | Q1/24 | 343 | -0.1 | |
Exports of goods and services, real growth (DKK billion, 2020-price level chain figures) | Q1/24 | 421 | -4.6 | |
Employment. National accounts (persons) | Q1/24 | 3,227,450 | 0.5 | |
Labour market | t/(t-4) | |||
Jobs. WTA (number) | Q1/24 | 3,432,654 | 1.0 | |
Jobs. Hours worked, WTA (1000 hours) | Q1/24 | 1,063,750 | 0.7 | |
Indices of average earnings in Corporations and Organizations (1. qtr. 2005=100) | Q1/24 | 156.1 | 3.5 | |
Indices og average earnings in the public sector, central government (1. qtr 2005=100) | Q1/24 | 153.2 | 2.5 | |
Indices of average earnings in the public sector, local government (1. qtr. 2005=100) | Q1/24 | 154.8 | 1.3 | |
Job vacancies | Q1/24 | 50,610 | -9.7 | |
Registered unemployment | t/(t-12) | |||
Gross unemployment (converted into full-time) per cent of the labour force 2) | May/24 | 2.9 | 0.1 | |
Gross unemployment (converted into full-time) | May/24 | 86,967.8 | 5.1 | |
Net unemployment (converted into full-time) per cent of the labour force 2) | May/24 | 2.5 | 0.1 | |
Net unemployment (converted into full-time) | May/24 | 76,177.1 | 6.3 | |
ILO unemployment | t/(t-3) | |||
ILO-unemployment rate 2) | May/24 | 5.8 | -0.1 | |
Consumption | t/(t-1) | |||
Retail trade index total (2021=100) | May/24 | 94.9 | 0.4 | |
New registration of passenger cars (number) | May/24 | 13,476 | -7.5 | |
Consumer confidence indicator | Jun/24 | -4.4 | .. | |
Industries | t/(t-1) | |||
Number of persons employed in the construction industry total | Q1/24 | 195,380 | -0.2 | |
Domestic sales by VAT registered firms (DKK million) | Apr/24 | 283,602 | 1.0 | |
Industrial production index (2021=100) | Apr/24 | 142.0 | 11.3 | |
t/(t-12) | ||||
New registration of van and lorries (number) 1) | May/24 | 3,166 | 14.1 | |
Bankruptcies (number) | May/24 | 504 | -7.7 | |
Tendency Surveys | ||||
Tendency survey for construction industry (composite) | Jun/24 | -12 | .. | |
Tendency survey for manufacturing industries (composite) | Jun/24 | 0 | .. | |
Tendency survey for services sector (composite) | Jun/24 | 7 | .. | |
Tendency survey for retail trade (composite) 1) | Jun/24 | -4 | .. | |
Property Market | t/(t-1) | |||
Construction Cost Index for residential buildings (2021=100) 1) | Q1/24 | 116.6 | 1.0 | |
Price index for one-family houses (2022=100) | Q1/24 | 98.9 | -0.6 | |
Forced sales of real property (number) | May/24 | 116.0 | 0.0 | |
External Trade and Balance of Payments | t/(t-1) | |||
Import of goods (DKK milllion) 1) | Apr/24 | 69,019.0 | 0.2 | |
Export of goods (DKK million) 1) | Apr/24 | 75,421.3 | -1.1 | |
Import of services (DKK milllion) | Q1/24 | 195,279.2 | -5.1 | |
Export of services (DKK milllion) | Q1/24 | 196,842.1 | -3.8 | |
Balance of payments, surplus (DKK million) 3) | Apr/24 | 29,330.1 | 3,272.1 | |
Prices | t/(t-12) | |||
Consumer price index (2015=100) | May/24 | 118.5 | 2.2 | |
Price index for Domestic Supply (2015=100) | May/24 | 128.9 | 0.3 | |
Price index for domestic supply (2015=100) - Mineral fuels, mineraloil and distilery products thereof | May/24 | 188.1 | 8.5 | |
Producer price index for commodity (2015=100) | May/24 | 147.0 | -1.0 | |
Import price index for commodity (2015=100) | May/24 | 127.1 | 0.1 | |
Government net lending | t/(t-1) | |||
Government net lending (DKK million) | Q1/24 | 27,446 | 293.5 | |
Interest and share rates | t/(t-1) | |||
Share index OMXC20 (july 3rd 1989=100) | May/24 | 2,769 | 3.2 | |
Exchange rate, nominal effective Krone rate, monthly average (1980=100) | May/24 | 105.3 | 0.2 | |
Short interest rate, 3 month CIBOR (pct. p.a.) 2) | May/24 | .. | .. | |
Long interest rate, 10-years central government bond (pct. p.a.) 2) | May/24 | 2.6 | 0.1 |
Footnotes:
1) Not seasonally adjusted
2) Development in percentage point
3) Development in DKK million