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Denmark

Fast Comment Denmark — Industry lost its shine

  1. The business barometer for industry fell from 5 to -1 in September as expected
  2. Service and construction barometers were unchanged at 10 and 0 respectively
  3. Barometers still indicate growth but at a subdued pace

Jes Asmussen, Chief Economist Denmark | jeas01@handelsbanken.dk

Danish Comment — Så gik den ikke længere for industrien

  1. Industriens konjunkturbaromer faldt som ventet fra 5 til -1 i september
  2. Servicesektorens og byggesektorens baromeeer holdt sig uændrede på hhv. 10 og 0
  3. Barometrene peger fortsat på vækst, men i et adstadigt tempo

Jes Asmussen, Chief Economist Denmark | jeas01@handelsbanken.dk

Morgenmelding Danmark —

Rasmus Gudum-Sessingø, Senior Economist | ragu02@handelsbanken.dk

Morgenmelding Danmark —

Bjarke Roed-Frederiksen, Senior Economist | bjro03@handelsbanken.dk

Fast Comment Denmark — Retail sales bounced back as expected

  1. Retail sales rose 0.3 percent m-o-m - close to our expectations
  2. Sales of clothing and other consumption goods rose while sales of food declined
  3. Despite a pause in Q3, private consumption is still seen as a driver for economic growth

Jes Asmussen, Chief Economist Denmark | jeas01@handelsbanken.dk

Danish Comment — Så kom der lidt mere gang i salget i butikkerne

  1. Detailsalget steg med 0,3% m/m i august, tæt på vores forventning
  2. Salget af tøj og andre forbrugsvarer trækker op, mens salget af fødevarer falder
  3. Trods en tilsyneladende pause i 3. kvartal, venter vi stadig, at privatforbruget vil være en vigtig trækkraft for dansk økonomi

Jes Asmussen, Chief Economist Denmark | jeas01@handelsbanken.dk