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SEB report: Denmark stuck in first gear

SEB report: Denmark stuck in first gear

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Published by SEB Group
After two quarters of negative growth in Denmark, the first quarter of 2012 was up 0.3 per cent. Domestic demand grew suggesting fiscal policy intervention is beginning to work, however net exports and manufacturing are not strong. SEB economists believe the economy is still on track for 0.5 per cent growth in 2012 with downside risks from exports.
After two quarters of negative growth in Denmark, the first quarter of 2012 was up 0.3 per cent. Domestic demand grew suggesting fiscal policy intervention is beginning to work, however net exports and manufacturing are not strong. SEB economists believe the economy is still on track for 0.5 per cent growth in 2012 with downside risks from exports.

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Categories:Business/Law, Finance
Published by: SEB Group on Jun 15, 2012
Copyright:Attribution Non-commercial

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06/15/2012

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