The Danish economy has been strengthened through 2015, and both GDP and employment have grown. The economy is not booming, but growth has been strong enough to drive a significant improvement in the labour market, and employment in the private sector has increased by 66,000 persons since the turnaround in 2012. As the business cycle continues to improve, the need for a gradual reversion of the accommodative fiscal policy grows. This is documented in the Economic Survey, released by the finance minister Claus Hjort Frederiksen today.
On Thursday, December 10 at 9.00 AM, Economic Survey, December 2015 will be available at fm.dk.
On Tuesday, September 29 at 10.00 AM, Budget Outlook 3, September 2015 will be available at fm.dk.
The Danish economy is improving. Since mid-2013 almost 45,000 persons have gained private employment, and unemployment is down. Progress in the labour market is expected to continue, and GDP growth will rise over the forecast period. Public finances are, however, in a worse condition than previously expected. Hence, it has been necessary to reduce the fiscal room for manoeuvre in 2016. This is documented in the Economic Survey, announced by finance minister Claus Hjort Frederiksen.
On Monday, August 24 at 10.00 AM, Budget Outlook 2, August 2015 will be available at fm.dk.
On tuesday, May 26 at 14.30 PM, Budget Outlook 1, May 2015 will be available at fm.dk.