Monday, June 17, 2024
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Economic perspectives from Denmark’s National Bank

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  • 1.3% economic growth in 2024 and 2025. For this year, it was assessed to be at 0.9%, but then Novo Nordisk’s recent success happened, so it was reassessed to be at 1.7%. 
  • The number of unemployed people is expected to increase from 84,000 to 105,000 in 2025. There is a decline in many branches of construction and in large parts of industry. 
  • The wage increases will prolong the period of “high core inflation”. 
  • They recommend a tight fiscal policy for the next few years and moderation in public spending. 
  • House prices are expected to fall by 3.2% on average this year. From next year on, they should rise again. 
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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