Denmark Industrial Production MoM

Fed Set to Take Next Step in Rate-Cut Cycle Amid Trump’s Return: What to Expect

Latest Release

Nov 07, 2024

Actual

-4.9%

-4.8%

Total Industrial production excluding building of ships and boats.Changes in the volume of the physical output of the nation's factories, mine and utilities are measured by the index of industrial production. The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from previous months.However, it is used as a leading indicator and helps in forecasting GDP changes.Rising industrial production figures signify increasing economic growth and can positively influence the sentiment towards local currency.
A higher than expected reading should be taken as positive/bullish for the DKK , while a lower than expected reading should be taken as negative/bearish for the DKK.

Importance:

Country:

Currency: DKK

Source: Statistics Denmark

Release Date	Time	Actual	Previous
Nov 07, 2024 (Sep)	07:00	-4.9%	-4.8%
Oct 07, 2024 (Aug)	06:00	-4.8%	7.6%
Sep 06, 2024 (Jul)	06:00	7.3%	0.1%
Aug 05, 2024 (Jun)	06:00	0.1%	-6.8%
Jul 08, 2024 (May)	06:00	-6.0%	10.8%
Jun 07, 2024 (Apr)	06:00	11.3%	-4.2%

Industrial Production (MoM) Discussion

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