Denmark | Country Economic Forecast April
Lockdown measures likely caused the economy to contract by 1.5% in Q1, but we see growth recovering strongly throughout the rest of the year.
Given Denmark’s stronger health situation relative to other European countries, the government is planning to have reopened vast swathes of the economy once all people over age 50 have been vaccinated.
What you will learn:
- Forecast up to 2024 for key economic indicators such as GDP, domestic demand and private consumption
- The impact of the vaccine rollout on the relaxation of restrictions
- Near-term outlook
Easing financial conditions offer CRE some respite
Our measure of financial conditions has become less restrictive in the US and started to loosen in the eurozone and the UK, reflecting investors' expectations that interest rates have peaked. This should aid the outlook for commercial real estate (CRE) on the margins, although the scale of past rate hikes, sluggish economies, and structural headwinds mean the sector still confronts challenging fundamentals.Find Out More
Eurozone key themes 2024 – A fragile recovery will gain impulse
After a year of stagnating activity, the eurozone economy will continue to struggle to gain traction in the near term given multiple headwinds. But we expect a gradual recovery in 2024 that will gather momentum as consumers regain some of their lost purchasing power and financial conditions ease.Find Out More