The fallout from the Russia-Ukraine conflict and a brief but sharp hit from the Omicron outbreak have prompted us to cut our 2022 mainland GDP growth...
Sweden | Fallout from Russia's invasion of Ukraine to be limited
Posted by Daniel Kral on Mar 22, 2022
We have lowered Sweden's growth for this year to 3.1% from 3.6% previously due to the fallout from Russia's invasion of Ukraine. The main channel...
Sweden | 2022 GDP growth forecast raised, but high inflation is a key downside risk
Posted by Daniel Kral on Feb 24, 2022
We have raised our full year 2022 GDP growth forecast to 3.6% from 3.3% previously, due to the especially strong flash estimate for Q4 2021. The...
Denmark | High inflation becomes main downside risk to our 2022 outlook
Posted by Rory Fennessy on Feb 18, 2022
GDP surprised to the upside in Q4 2021 with 1.1% q/q growth, according to the flash estimate. The positive carryover effect has raised our 2022 GDP...
Finland | 2022 GDP growth forecast unchanged at 2.3% as activity remains solid
Posted by Daniel Kral on Feb 17, 2022
Our forecast for Finland’s GDP growth is 2.3% this year and 1.5% in 2023, both unchanged from last month. The economy grew 0.7% q/q in Q4 2021,...
Norway | Omicron's impact on the 2022 growth outlook appears to be mild
Posted by Rory Fennessy on Jan 28, 2022
We have lowered our mainland 2022 GDP growth forecast by 0.1ppt to 4.2% to reflect the economic impact of the Omicron outbreak at the start of the...
Denmark | Successful virus containment strategy means Omicron will not derail growth in 2022
Posted by Rory Fennessy on Jan 19, 2022
We’ve lowered our 2022 Danish GDP forecast 0.1ppt to 3%, with the Omicron variant expected to slow activity in Q1. But the economy should make up the...
Sweden | 2022 GDP growth forecast remains as expected despite Omicron
Posted by Daniel Kral on Jan 18, 2022
We have kept our growth forecast for this year unchanged at 3.2%, as we expect the impact of the Omicron wave to be mild. The latest data on...
Finland | Omicron wave is expected to have a mild impact on the economy
Posted by Daniel Kral on Jan 15, 2022
Our forecast for Finland’s GDP growth is 2.3% this year and 1.5% in 2023, both unchanged from last month. Despite a recent surge in Covid cases...
Norway | Omicron weighs on near-term growth outlook
Posted by Rory Fennessy on Dec 21, 2021
Based on the positive carryover effects from two strong months of GDP growth in August and September, we have raised our mainland GDP forecasts for...