Nordic outlook – New sources of growth

Danske Research Team Danske Bank A/S

Highlights

Consumer demand in many countries is dented by higher energy prices, but other sources, not least AI-related investments, largely offset this.
Broadly speaking, we expect growth, inflation and unemployment to converge around structural levels, although with major risks not least related to energy supplies.
The Swedish and Finnish economies are recovering, while Denmark's high growth rate masks a steady domestic economy and Norway is slowing down.

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Author

Danske Research Team

Danske Bank A/S

Research is part of Danske Bank Markets and operate as Danske Bank's research department. The department monitors financial markets and economic trends of relevance to Danske Bank Markets and its clients.

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