28-05-2008The Danish economy is in the late stages of a strong cyclical upturn. Despite surprisingly strong growth in domestic demand in late 2007, including 4½ per cent annual growth in private consumption, the current international financial turmoil and slowing global growth have improved the odds that the very tight conditions in the Danish labour market will ease.
The Danish economy is in the late stages of a strong cyclical upturn. Despite surprisingly strong growth in domestic demand in late 2007, including 4½ per cent annual growth in private consumption, the current international financial turmoil and slowing global growth have improved the odds that the very tight conditions in the Danish labour market will ease.
Read Economic Survey, May 2008