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.
Tags:
Related Services
Post
Global Private equity real estate fund maturities spur asset sales
We expect the significant increases in fund maturities, spurred by capital raised over the past decade, to exert upward pressure on the rate of asset disposals as the funds approach the end of their lifecycles.
Find Out MorePost
Eurozone: Little sign of harm from the Red Sea disruptions
The impact of Red Sea shipping disruption on the eurozone economy continues to be limited, in line with our baseline view. Our new Eurozone Supply Stress Indicator suggests that supply pressures have returned to normal following a period of easing in 2023.
Find Out More