Sunday, November 3, 2024
HomeNewsDanish EconomyThe interest rate grows again by 0.5%

The interest rate grows again by 0.5%

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After the European Central Bank decided to raise the interest rate again by 0.5%, the Danish National Bank followed suit. The inflation is still too high and is decreasing too slowly, so the consumption needs to be further curbed. 

  • Since the inflation crisis started, the interest rates have been increased by 2.75% in Denmark
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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