Denmark Manufacturing PMI

Last Release

May 31, 2023

Actual

45.68

Units In

Points

47.6

Frequency

Monthly

Next Release

Aug 01, 2023

Time to Release

27 Days 21 Hours

Highest	Lowest	Average	Date Range	Source
72.17 Oct 2021	25.02 Feb 2009	55.3 Points	1994-2023	DILF - Danish Purchasing and Logistics Forum

In Denmark, the PMI measures the weighted average of order books, production, workforce, delivery time, finished goods inventories, cost prices, purchasing quantities and stock of end products. A reading in excess of 50 indicates positive sentiment among a majority of respondent companies, while a figure below 50 points to negative expectations.

Latest Updates

The DILF Manufacturing PMI in Denmark declined to 45.7 in May 2023, from an upwardly revised 47.6 in the previous month. It was the fourth consecutive month of contraction in the country’s manufacturing sector, prompted by a sharp fall in new orders (37.2 vs 40.8 in April) and employment (39.5 vs 44.9). At the same time, delivery time declined significantly (37.8 vs 44.4) and stocks of purchased goods continued to drop (40.7 vs 44.9). Meanwhile, production returned to growth (52.1 vs 47.3). On prices, input price inflation picked up (31.8 vs 21.7).