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) | Q3/24 | 675 | 1.2 |   |
| Household consumption expenditure, real growth (DKK billion, 2020-price level chain figures) | Q3/24 | 280 | 0.3 | |
| NPISH consumption expenditure, real growth (DKK billion, 2020-price level chain figures) | Q3/24 | 9 | 0.0 | |
| Government consumption, real growth (DKK billion, 2020-price level chain figures) | Q3/24 | 149 | 0.4 | |
| Gross capital formation, real growth (DKK million, 2020-price level chain figures) | Q3/24 | 129,436 | -3.4 | |
| Imports of goods and services, real growth (DKK billion, 2020-price level chain figures) | Q3/24 | 344 | -0.7 | |
| Exports of goods and services, real growth (DKK billion, 2020-price level chain figures) | Q3/24 | 443 | 0.0 | |
| Employment. National accounts (persons) | Q3/24 | 3,230,578 | 0.1 | |
| Labour market | t/(t-4) | |||
| Jobs. WTA (number) | Q2/24 | 3,452,108 | 0.9 | |
| Jobs. Hours worked, WTA (1000 hours) | Q2/24 | 1,069,773 | 0.7 | |
| Indices of average earnings in Corporations and Organizations (1. qtr. 2005=100) | Q2/24 | 158.9 | 4.9 | |
| Indices og average earnings in the public sector, central government (1. qtr 2005=100) | Q2/24 | 161.1 | 6.6 | |
| Indices of average earnings in the public sector, local government (1. qtr. 2005=100) | Q2/24 | 161.0 | 5.0 | |
| Job vacancies | Q2/24 | 55,678 | -3.3 | |
| Registered unemployment | t/(t-12) | |||
| Gross unemployment (converted into full-time) per cent of the labour force 2) | Sep/24 | 2.9 | 0.1 | |
| Gross unemployment (converted into full-time) | Sep/24 | 88,409.7 | 4.4 | |
| Net unemployment (converted into full-time) per cent of the labour force 2) | Sep/24 | 2.6 | 0.2 | |
| Net unemployment (converted into full-time) | Sep/24 | 78,480.8 | 6.5 | |
| ILO unemployment | t/(t-3) | |||
| ILO-unemployment rate 2) | Sep/24 | 6.4 | 0.2 | |
| Consumption | t/(t-1) | |||
| Retail trade index total (2021=100) | Sep/24 | 95.4 | 0.1 | |
| New registration of passenger cars (number) | Oct/24 | 15,364 | -2.4 | |
| Consumer confidence indicator | Nov/24 | -9.3 | .. | |
| Industries | t/(t-1) | |||
| Number of persons employed in the construction industry total | Q3/24 | 196,922 | -0.3 | |
| Domestic sales by VAT registered firms (DKK million) | Sep/24 | 280,289 | -0.5 | |
| Industrial production index (2021=100) | Sep/24 | 133.4 | -4.9 | |
| t/(t-12) | ||||
| New registration of van and lorries (number) 1) | Oct/24 | 2,398 | -9.7 | |
| Bankruptcies (number) | Oct/24 | 522 | -17.1 | |
| Tendency Surveys | ||||
| Tendency survey for construction industry (composite) | Oct/24 | -10 | .. | |
| Tendency survey for manufacturing industries (composite) | Oct/24 | 2 | .. | |
| Tendency survey for services sector (composite) | Oct/24 | 6 | .. | |
| Tendency survey for retail trade (composite) 1) | Oct/24 | 5 | .. | |
| Property Market | t/(t-1) | |||
| Construction Cost Index for residential buildings (2021=100) 1) | Q2/24 | 117.1 | 0.4 | |
| Price index for one-family houses (2022=100) | Q2/24 | 100.7 | 1.3 | |
| Forced sales of real property (number) | Oct/24 | 118.0 | 11.3 | |
| External Trade and Balance of Payments | t/(t-1) | |||
| Import of goods (DKK milllion) 1) | Sep/24 | 73,316.4 | 6.2 | |
| Export of goods (DKK million) 1) | Sep/24 | 73,869.0 | -4.9 | |
| Import of services (DKK milllion) | Q3/24 | 204,153.3 | 0.9 | |
| Export of services (DKK milllion) | Q3/24 | 224,096.2 | 5.0 | |
| Balance of payments, surplus (DKK million) 3) | Sep/24 | 35,098.8 | -3,629.8 | |
| Prices | t/(t-12) | |||
| Consumer price index (2015=100) | Oct/24 | 119.6 | 1.6 | |
| Price index for Domestic Supply (2015=100) | Oct/24 | 127.1 | -1.6 | |
| Price index for domestic supply (2015=100) - Mineral fuels, mineraloil and distilery products thereof | Oct/24 | 168.0 | -20.6 | |
| Producer price index for commodity (2015=100) | Oct/24 | 160.2 | 6.3 | |
| Import price index for commodity (2015=100) | Oct/24 | 125.9 | -2.0 | |
| Government net lending | t/(t-1) | |||
| Government net lending (DKK million) | Q2/24 | 29,170 | -6.4 | |
| Interest and share rates | t/(t-1) | |||
| Share index OMXC20 (july 3rd 1989=100) | Sep/24 | 2,490 | -10.6 | |
| Exchange rate, nominal effective Krone rate, monthly average (1980=100) | Sep/24 | 105.2 | -0.1 | |
| Short interest rate, 3 month CIBOR (pct. p.a.) 2) | Oct/24 | .. | .. | |
| Long interest rate, 10-years central government bond (pct. p.a.) 2) | Oct/24 | 2.0 | 0.2 | |
Footnotes:
1) Not seasonally adjusted
2) Development in percentage point
3) Development in DKK million