Research Briefing | Oct 19, 2021

Denmark | Economy on course for rapid growth this year

Ipad Frame - Denmark-Economy-on-course-for-rapid-growth-this-year

The Danish economy expanded 2.8% q/q in Q2, sending GDP comfortably above its pre-pandemic level. As a result, we have raised our 2021 GDP growth forecast to 4.5% from 3.4% previously, with less pandemic scarring now expected.

What you will learn:

  • Despite supply problems in manufacturing, a fully reopened domestic economy should support continued growth at a moderate pace over the rest of the year.
  • Rising services activity and elevated retail expenditures are indicative of a consumer-led recovery now that the pandemic is under control.
  • The September inflation reading saw CPI rise by 2.2%, the highest rate in nearly nine years and up from 1.8% in August.
Back to Resource Hub

Related Services

Post

Spain: Regional growth driving the house price boom

House prices are booming in Spain. A combination of strong demand and supply-side constraints has placed significant upward pressure on prices in recent years, and this will likely remain the case in the near term.

Find Out More

Post

Ghana: Election scenarios 2024

This Research Briefing presents two scenarios for Ghana’s December 7 general election, based on our assessment of the election manifestos of the New Patriotic Party (NPP) and the National Democratic Congress (NDC). We compare the macroeconomic forecasts associated with each scenario to explain the probable interplay between politics, policy, and macroeconomics in Ghana following the election

Find Out More