Production: Manufacturing: Consumer Goods: Non-Durable Goods for Denmark
Monthly, Seasonally Adjusted
DNKPRMNCG03IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
216.30
Year-over-Year Change
21.11%
Date Range
1/1/1985 - 10/1/2023
Summary
This economic indicator measures monthly, seasonally adjusted production of manufacturing and construction goods in Denmark. It provides insight into the health and momentum of the Danish industrial sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Monthly, Seasonally Adjusted production index tracks changes in the total output of Denmark's manufacturing and construction industries. It is a key barometer of economic activity and a leading indicator used by policymakers and analysts to assess the broader state of the Danish economy.
Methodology
The data is collected through surveys of industrial firms and seasonally adjusted to account for typical monthly variations.
Historical Context
Trends in this index help inform monetary and fiscal policy decisions by the Danish central bank and government.
Key Facts
- Denmark is a major manufacturing and export-oriented economy.
- This index has a base year of 2015 = 100.
- Figures are released monthly with a 1-2 month lag.
FAQs
Q: What does this economic trend measure?
A: This index tracks changes in the total monthly output of Denmark's manufacturing and construction industries, providing insight into the health of the country's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: As a leading indicator of economic activity, this production index is closely watched by policymakers, investors, and economists to assess the broader state of the Danish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and then seasonally adjusted to account for typical monthly variations.
Q: How is this trend used in economic policy?
A: Trends in this index help inform monetary and fiscal policy decisions by the Danish central bank and government, as it provides insight into the health of the country's industrial base.
Q: Are there update delays or limitations?
A: This data is released monthly, with a 1-2 month lag between the reference period and publication.
Related Trends
Broad Effective Exchange Rate for Denmark
NBDKBIS
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Denmark
DNKCPIENGMINMEI
Cash surplus/deficit (% of GDP) for Denmark
CASHBLDKA188A
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Denmark
PRINTO01DKQ661N
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Denmark
LRHUTTTTDKM156S
Consumer Price Index: All Items: Total for Denmark
DNKCPALTT01IXNBQ
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (DNKPRMNCG03IXOBSAM), retrieved from FRED.