Nordics’ economic outlook is bright, but near-term downside risks are rising

Topic: The Nordic recovery is on track despite some surprises in the Q2 GDP components and rising near-term downside risks. Goods exports have been weak, reflecting persistent strains in supply chains and input shortages affecting the region’s trade-sensitive economies. Growth in industry is likely to moderate and be subject to temporary setbacks, but the long-term outlook remains solid as the backlog of orders is eliminated and inventories are replenished. Surging domestic demand driven by eager-to-spend consumers alongside a superior virus containment strategy and high vaccination rates support an overall robust regional outlook.

  • EMEA – Thursday 21st October | 10:00 CEST

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Daniel Kral

Senior Economist

Daniel Kral

Senior Economist

Daniel Kral | Senior Economist

Daniel is a senior economist, covering smaller European economies and producing thematic research on the eurozone and the Nordics. He gained a Master of Research from University College London in 2014.

Rory Fennessy

Economist

Rory Fennessy

Economist

Rory Fennessy | Economist

Rory is an Economist within the European Macro Forecasting team, producing thematic research for the eurozone and Nordic regions and responsible for our forecast coverage for Norway and Denmark. He graduated from the University of Exeter in 2020 with a first class bachelors degree in Economics

Lawrence Harper-Scott

Assistant Economist

Lawrence Harper-Scott

Assistant Economist

Lawrence Harper-Scott | Assistant Economist

Lawrence in an economist in the Cities & Regions team, he primarily produces forecasts for regions in the Nordics and Central & Eastern Europe. Prior to joining Oxford Economics, Lawrence graduated from Loughborough University with a degree in Economics.

Chloe Parkins

Senior Economist

Chloe Parkins

Senior Economist

Chloe Parkins| Senior Economist

Chloe is a senior economist, currently covering the global mechanical engineering sector and responsible for a number of industry-related consultancy projects. She has previously covered the Swedish, Bulgarian and Taiwanese economies. She gained a BSc(Hons) International Finance and Economics from Sheffield Hallam university and more recently a MSc in Economics and the University of Reading focusing on DSGE modelling.

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