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...
Rory Fennessy
Recent Posts
Norway | Central bank begins the rate hiking cycle amid strong growth outlook
Posted by Rory Fennessy on Oct 1, 2021
Our 2021 mainland GDP growth forecast remains unchanged at 4.1%. With all domestic restrictions eased and the pandemic largely under control, the...
Denmark | Strong consumer spending should power the recovery
Posted by Rory Fennessy on Sep 17, 2021
We’ve raised our 2021 GDP growth forecast by 0.2ppts to 3.4%, following the full release of the Q2 national accounts. While the consumer rebound fell...
Norway | We expect growth in H2 will be driven by services
Posted by Rory Fennessy on Aug 26, 2021
The mainland economy advanced 1.4% q/q in Q2, lower than our 1.9%prediction. The final reopening of the economy has been further delayed amid...
Denmark | Vaccination has limited the Delta variant to a downside risk
Posted by Rory Fennessy on Aug 18, 2021
The flash release estimates that GDP expanded 2.2% in Q2, slightly better than our 2.1% estimate, pushing the Danish economy above its pre-pandemic...
Norway | A strong bounce back in economic activity in Q2
Posted by Rory Fennessy on Jul 27, 2021
Signs continue to point towards a strong bounce back in economic activity inQ2. The vaccine rollout has advanced rapidly in recent weeks and brings...
Denmark | Delta variant is now the main downside risk
Posted by Rory Fennessy on Jul 15, 2021
We have raised our 2021 GDP growth forecast to 3.1% from 2.6% previously to reflect a revised softer economic decline in 2020 and a strong increase in
Denmark | Country Economic Forecast April
Posted by Rory Fennessy on Apr 16, 2021
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 | Country Economic Forecast March
Posted by Rory Fennessy on Mar 17, 2021
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...
Denmark | Country Economic Forecast
Posted by Rory Fennessy on Feb 12, 2021
We expect the Danish economy to contract sharply in Q1 due to the extension of the national lockdown through February. The lockdown successfully...