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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.

 PeriodValueDev. 
National accounts  t/(t-1) 
Gross domestic product, real growth
(DKK billion, 2010-price level chain figures)
  Q3/22  564  0.3
StatBank tables: Demand and supply
Declaration: National Accounts
Household consumption expenditure, real growth
(DKK billion, 2010-price level chain figures)
  Q3/22  241  -0.7
StatBank tables: Demand and supply
Declaration: National Accounts
NPISH consumption expenditure, real growth
(DKK billion, 2010-price level chain figures)
  Q3/22  8  1.3
StatBank tables: Demand and supply
Declaration: National Accounts
Government consumption, real growth
(DKK billion, 2010-price level chain figures)
  Q3/22  132  -1.2
StatBank tables: Demand and supply
Declaration: National Accounts
Gross capital formation, real growth
(DKK million, 2010-price level chain figures)
  Q3/22  132,964  -7.9
StatBank tables: Gross capital formation
Declaration: National Accounts
Imports of goods and services, real growth
(DKK billion, 2010-price level chain figures)
  Q3/22  304  -0.2
StatBank tables: Demand and supply
Declaration: National Accounts
Exports of goods and services, real growth
(DKK billion, 2010-price level chain figures)
  Q3/22  352  2.5
StatBank tables: Demand and supply
Declaration: National Accounts
Employment. National accounts
(persons)
  Q3/22  3,174,027  0.5
StatBank tables: Employment (10a3-grouping)
Declaration: Employment and Compensation of Employees in National Accounts
Labour market  t/(t-4) 
Jobs. WTA (number)  Q3/22  3,387,508  3.1
StatBank tables: Working Time Accounts (seasonal adjustment) (quarter)
Declaration: Working time accounts
Jobs. Hours worked, WTA (1000 hours)  Q3/22  1,059,072  3.0
StatBank tables: Working Time Accounts (seasonal adjustment) (quarter)
Declaration: Working time accounts
Indices of average earnings in Corporations and Organizations (1. qtr. 2005=100)  Q3/22  148.2  2.6
StatBank tables: Implicit index of average earnings in Corporations and Organizations
Declaration: Implicit index of average earnings
Indices og average earnings in the public sector, central government (1. qtr 2005=100)  Q3/22  149.1  2.8
StatBank tables: Implicit index of average earnings in the public sector, central government
Declaration: Implicit index of average earnings
Indices of average earnings in the public sector, local government (1. qtr. 2005=100)  Q3/22  149.7  1.9
StatBank tables: Implicit index of average earnings in the public sector, local government
Declaration: Implicit index of average earnings
Job vacancies  Q3/22  67,235  9.6
StatBank tables: Job vacancies
Declaration: Job Vacancies
Registered unemployment  t/(t-12) 
Gross unemployment (converted into full-time) per cent of the labour force 2)  Dec/22  2.7  0.1
StatBank tables: Unemployed persons (seasonally adjusted)
Declaration: Registered unemployment
Gross unemployment (converted into full-time)  Dec/22  80,816.1  4.3
StatBank tables: Unemployed persons (seasonally adjusted)
Declaration: Registered unemployment
Net unemployment (converted into full-time) per cent of the labour force 2)  Dec/22  2.4  0.1
StatBank tables: Unemployed persons (seasonally adjusted)
Declaration: Registered unemployment
Net unemployment (converted into full-time)  Dec/22  69,394.8  3.4
StatBank tables: Unemployed persons (seasonally adjusted)
Declaration: Registered unemployment
ILO unemployment  t/(t-3) 
ILO-unemployment rate 2)  Dec/22  4.8  0.2
StatBank tables: Labour force status
Declaration: The Monthly Labour Force Survey (LFS)
Consumption  t/(t-1) 
Retail trade index total (2015=100)  Dec/22  102.0  -2.2
StatBank tables: Retail Trade Index
Declaration: Retail Trade Index
New registration of passenger cars (number)  Dec/22  15,001  9.6
StatBank tables: New registration of motor vehicles
Declaration: Car Register and Publications
Consumer confidence indicator  Jan/23  -26.1  ..
StatBank tables: Consumer confidence indicator
Declaration: Consumer Expectations Survey
Industries  t/(t-1) 
Number of persons employed in the construction industry total  Q4/22  192,785  -0.8
StatBank tables: Number of persons employed in the construction industry
Declaration: Number of Persons Employed in the Construction Industry
Domestic sales by VAT registered firms (DKK million)  Nov/22  288,627  -0.1
StatBank tables: Purchases and sales
Declaration: Purchases and sales by enterprises
Industrial production index (2015=100)  Nov/22  145.4  2.4
StatBank tables: Industrial production index
Declaration: Production and Turnover in Manufacturing Industries
  t/(t-12) 
New registration of van and lorries (number) 1)  Dec/22  2,548  -21.6
StatBank tables: New registration of motor vehicles
Declaration: Car Register and Publications
Bankruptcies (number)  Dec/22  355  -37.3
StatBank tables: Bankruptcies (historical summary)
Declaration: Bankruptcies
Tendency Surveys   
Tendency survey for construction industry (composite)  Jan/23  -15  ..
StatBank tables: Confidence indicator for Construction
Declaration: Construction Survey
Tendency survey for manufacturing industries (composite)  Jan/23  -16  ..
StatBank tables: Confidence indicator for the Industry
Declaration: Industry Survey
Tendency survey for services sector (composite)  Jan/23  -2  ..
StatBank tables: Confidence indicator for Services
Declaration: Services Survey
Tendency survey for retail trade (composite) 1)  Jan/23  -36  ..
StatBank tables: Confidence Indicator for Retail Trade
Declaration: Retail Trade Survey
Property Market  t/(t-1) 
Construction Cost Index for residential buildings (2015=100) 1)  Q3/22  123.2  2.6
StatBank tables: Construction cost index for residential buildings
Declaration: Construction cost index for residential buildings
Price index for one-family houses
(2006=100)
  Q3/22  126.7  -2.8
StatBank tables: Seasonally adjusted sales of property
Declaration: Sales of real property
Forced sales of real property (number)  Dec/22  124.0  6.0
StatBank tables: Announcements of forced sales of real property
Declaration: Announcements of forced sales of real property
External Trade and Balance of Payments  t/(t-1) 
Import of goods (DKK milllion)  Nov/22  73,502.2  -1.7
StatBank tables: Total external trade
Declaration: International Trade in Goods
Export of goods (DKK million)  Nov/22  78,773.3  -0.9
StatBank tables: Total external trade
Declaration: International Trade in Goods
Import of services (DKK milllion)  Q3/22  169,586.1  5.6
StatBank tables: External trade quarterly
Declaration: Balance of Payments
Export of services (DKK milllion)  Q3/22  240,555.4  7.4
StatBank tables: External trade quarterly
Declaration: Balance of Payments
Balance of payments, surplus (DKK million) 3)  Nov/22  31,821.7  -1,367.0
StatBank tables: Balance of payments monthly
Declaration: Balance of Payments
Prices  t/(t-12) 
Consumer price index (2015=100)  Dec/22  115.9  8.7
StatBank tables: Consumer price index
Declaration: Consumer Price Index
Price index for Domestic Supply (2015=100)  Dec/22  128.7  12.1
StatBank: Price index for Domestic Supply
Declaration: Producer and Import Price Index for Commodities
Price index for domestic supply (2015=100) - Mineral fuels, mineraloil and distilery products thereof  Dec/22  200.7  26.7
StatBank: Price index for Domestic Supply
Declaration: Producer and Import Price Index for Commodities
Producer price index for commodity (2015=100)  Dec/22  151.5  10.6
StatBank tables: Producer price index for commodities
Declaration: Producer and Import Price Index for Commodities
Import price index for commodity (2015=100)  Dec/22  128.9  12.2
StatBank: Import price index for commodities
Declaration: Producer and Import Price Index for Commodities
Government net lending  t/(t-1) 
Government net lending (DKK million)  Q3/22  7,160  -47.0
StatBank tables: General government, expenditure and income
Declaration: Government Finance , Quarterly Accounts
Interest and share rates  t/(t-1) 
Share index OMXC20 (july 3rd 1989=100)  Dec/22  1,835  2.8
StatBank tables: Share index
Declaration: Interest and Share Price Indices
Exchange rate, nominal effective Krone rate, monthly average (1980=100)  Jan/23  103.5  0.2
StatBank: Monthly exchange rates
Declaration:
Short interest rate, 3 month CIBOR (pct. p.a.) 2)  Dec/22  ..  ..
StatBank tables: Interest rates, by type
Declaration: Interest and Share Price Indices
Long interest rate, 10-years central government bond (pct. p.a.) 2)  Dec/22  2.7  0.6
StatBank tables: Interest rates, by type
Declaration: Interest and Share Price Indices

Footnotes:
1) Not seasonally adjusted
2) Development in percentage point
3) Development in DKK million

Contact

Carsten Zornig
Phone: +45 39 17 30 81