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...
Europe | Real estate obsolescence risk lowest for the Nordics
Posted by Mark Unsworth on Jan 19, 2022
Our new index of European real estate obsolescence finds that the Nordic countries have the lowest risk of obsolescence and are best placed for 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...
Denmark | Solid growth expected despite emergence of Omicron variant
Posted by Rory Fennessy on Dec 16, 2021
Downward revisions to Q2 and Q3 GDP figures and concerns about the spread of the Omicron coronavirus variant have led us to lower our 2022 GDP growth...
Nordic key themes 2022: Headwinds to dissipate
Posted by Rory Fennessy on Dec 9, 2021
The Nordic countries will exit 2021 in much better shape than when they entered it. Considerable progress on vaccine rollouts and post-reopening...
Denmark | Economy heats up as GDP surprises to the upside in Q3
Posted by Rory Fennessy on Nov 18, 2021
According to the advance estimate, Q3 GDP exceeded expectations with a 2% expansion. While this figure is subject to revision, Denmark is on course...
Denmark | Economy on course for rapid growth this year
Posted by Rory Fennessy on Oct 19, 2021
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...
Nordic outlook is bright, but downside risks are rising
Posted by Daniel Kral on Oct 13, 2021
The Nordic recovery is on track despite some surprises in the Q2 GDP components and rising downside risks. Real goods exports underperformed given...
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...
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...