Economic Survey February 2008 - English Summary

05-02-2008

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.

Economic Survey February 2008 - pdf-version

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.