The government prepared three scenarios for the future of the Danish economy as a result of the Russian invasion in Ukraine.
- Intermediate scenario: Less growth in export markets / Higher energy prices. Inflation will rise by 2,5% and the economic growth will be limited to 1,6%.
- Harsh scenario: The conflict escalates / the Russian gas supply is stopped. Inflation will rise by 3,5% and there will be no economic growth this year.
- Mild scenario: Sanctions against Russia remain the same / The energy prices start to stabilize. Economic growth will be 2,2%.