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...
United Kingdom | MPC's dovish hike starts to rein in market expectations
Posted by Andrew Goodwin on Mar 18, 2022
Though the MPC raised Bank Rate for the third successive meeting, March's minutes revealed a clear change in tone. Growing concerns about the...
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,...
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...
Eurozone | Solid pay rebound won’t trigger a wage-price spiral
Posted by Katharina Koenz on Jan 13, 2022
We expect the solid recovery of the labour market and the lagged impact from the 2021 inflation surge to trigger a sharp pick-up in wage growth in...
Sweden | GDP growth forecast nudged down to 3.2% due to weaker near-term activity
Posted by Daniel Kral on Dec 17, 2021
Growth in Q3 and previous quarters was revised up, pushing up our 2021 forecast to 4.7% from 4.3%. But we have lowered our near-term forecast due to...