Friday, November 22, 2024
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“The economy will slow down”

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“The economy will slow down” according to the Danish National Bank. Because of the war in Ukraine, there has been a negative shock to the economy. The prediction is for 2,1% growth this year. 1% less than before the war. 

  • In the worst scenario predicted by the National Bank, the growth will only be 0,9% and the inflation will reach 8,8%. 
  • To keep up with the current inflation, a lot of salaries will have to be renegotiated. 
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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