03.07.2008

Budget Outlook, February 2008

In recent years the Danish economy has been characterised by high growth, increasing employment and a sharp decline in unemployment. The strong cyclical position of the economy has strengthened the public finances, and the large surpluses in these years have contributed to a substantial reduction of the debt.

03.07.2008

Economic Survey May 2008, English Summary

The Danish economy is in the late stages of a strong cyclical upturn. Despite surprisingly strong growth in domestic demand in late 2007, including 4½ per cent annual growth in private consumption, the current international financial turmoil and slowing global growth have improved the odds that the very tight conditions in the Danish labour market will ease.

03.07.2008

Economic Survey February 2008 - English Summary

Against the backdrop of international financial turmoil, rising prices on food and energy globally and receding housing markets in many countries, the outlook is for a slowing down of the international economy after several years of strong growth. For the Danish economy, these developments may support abating growth in demand and production leading to a gradual easing of the very tight Danish labour market. The expected growth path for Denmark towards 2009 has not changed significantly since the August survey, in which a marked reduction in output and demand buoyancy was also expected.