Denmark | Country Economic Forecast March

The Danish economy outperformed our expectations with a 0.6% q/q expansion in Q4 2020 after the economy proved more resilient than anticipated in the face of reimposed containment measures. The 3.3% contraction in 2020 was one of the mildest in Europe, but the worst among the Nordics.

What you will learn about:

  • Contraction expected in Q1 due to strict lockdown measures
  • How the closing of non-essential stores in January impacted retail trade
  • The vaccine rollout 
  • Economic forecast up to 2024 including domestic demand, private consumption, GDP and industrial production

Topics: Coronavirus, Macro, Recovery, Nordic, Denmark

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