Nordic outlook: Return to Nordic growth
|Highlights
As in the rest of Europe, Nordic economies are currently in stagnation or mild recession, outside of the pharmaceutical boom in Denmark.
Our forecasts point to a gradual return to normal growth over the coming years, supported by lower interest rates, higher spending power and with lower inflation.
The US economy has been a big positive surprise in 2023 and continues to look strong, even if there is a mild slowdown this year, while China continues to muddle through economically.
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