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Fast Comment Denmark

Published: 11 June 2018 | Fast Comment Denmark (en) | Keywords: Consumption Inflation

11 June 2018

Fast Comment Denmark — Inflation ticks up for a second consecutive month

  1. Consumer prices rose 0.2 percent m-o-m in May - weaker than expected
  2. Annual inflation ticked up from 0.8 to 1.1 percent
  3. Inflation is still relatively low but should move up further

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

Published: 31 May 2018 | Fast Comment Denmark (en) | Keywords: Consumption Foreign Trade GDP Housing Market Investments

31 May 2018

Fast Comment Denmark — A bit more speed in the economy than expected

  1. Preliminary GDP showed growth of 0.4% q-o-q in Q1 - a bit stronger than expected
  2. Car sales secured solid private consumption growth - but exports and investments disappointed
  3. We maintain our outlook of moderate growth but also that annual growth has peaked

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

Published: 30 May 2018 | Fast Comment Denmark (en) | Keywords: Business Surveys GDP Industrial Production

30 May 2018

Fast Comment Denmark — Spring mood in the industrial sector

  1. No sign of Italian crisis in industry (yet)
  2. Service sector disappoints slightly but construction picking up
  3. Barometers send overall positive signs of continued moderate growth

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

Published: 15 May 2018 | Fast Comment Denmark (en) | Keywords: Consumption GDP Industrial Production

15 May 2018

Fast Comment Denmark — Somewhat slower economic expansion

  1. Preliminary GDP indicator showed growth of 0.3 percent q-o-q in Q1
  2. Slightly stronger than our expectations of +0.1 percent q-o-q
  3. However, it is still a more subdued growth rate than we have become used to over recent years

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

Published: 9 April 2018 | Fast Comment Denmark (en) | Keywords: Export - Import Foreign Trade GDP

9 April 2018

Fast Comment Denmark — Exports disappoint again

  1. Exports of goods fell 0.4 percent m-o-m in February; fourth month in a row without improvement
  2. Imports of goods fell 3.4 percent m-o-m; surplus on the trade balance picked up from DKK 5.6bn to 7.0bn
  3. Disappointing that exports do not appear to be benefiting more from improvement in global economy

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

Published: 5 April 2018 | Fast Comment Denmark (en) | Keywords: Consumption Export - Import GDP Investments Labour Market

5 April 2018

Fast Comment Denmark — Solid growth in Q4, but overall picture still murky

  1. Despite a small downward revision, GDP growth ended 2017 on a strong note
  2. One-off payment from abroad still clouds the picture
  3. Labour market in good health with new drop in unemployment in February

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

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