There are signs that inflation will be more stubborn than previously expected.

Group Chief Economist Helge J. Pedersen

Watch the webinar

Uncertainty remains high in the global economic outlook, amid recent turmoil in the banking sector, persistently high inflation and ongoing effects of Russia’s invasion of Ukraine.

Headline inflation has been falling, due to lower energy prices compared to a year ago, but underlying core inflation remains well above targets, despite sharp interest rate hikes by many central banks. Labour markets are still tight, with low unemployment, raising concerns that rising wages could perpetuate high inflation.

When will labour markets regain their balance and the underlying pressures start to ease?

Watch the webinar with Nordea’s Group Chief Economist Helge Pedersen where he shares valuable insights on the current economic landscape and our predictions for what lies ahead.

Duration: 30 minutes with Q&A
Language: English

Watch

3.0%

Global GDP growth in 2023  

1.15

The level we expect EUR/USD to hit by the end of 2023

3.75%

The peak level of the ECB’s deposit rate that we expect to be reached during the summer

 

Read the latest forecast

Click to open

We wanted to show you a iPaper but you cannot see it as you have not enabled cookies

Click here to update your consent
 

Economic Outlook, country by country

Sweden

Swedish Chief Economist, Annika Winsth, presents the report for Sweden together with analysts Torbjörn Isaksson and Susanne Spector (in Swedish).

Read more

Finland

Finnish Chief Economist,
Tuuli Koivu, and Economist Juho Kostiainen present the report for Finland (in Finnish).
 

Read more

Denmark

Danish Chief Economist,
Helge J Pedersen, presents the report for Denmark (in Danish).

 

Read more

Norway

In Norway Chief Economist Kjetil Olsen and Analyst Dane Cekov present. (in Norweigan)

 

Read more

Previous editions of Economic Outlook

We wanted to show you a iPaper but you cannot see it as you have not enabled cookies

Click here to update your consent

We wanted to show you a iPaper but you cannot see it as you have not enabled cookies

Click here to update your consent

We wanted to show you a iPaper but you cannot see it as you have not enabled cookies

Click here to update your consent

We wanted to show you a iPaper but you cannot see it as you have not enabled cookies

Click here to update your consent

We wanted to show you a iPaper but you cannot see it as you have not enabled cookies

Click here to update your consent

We wanted to show you a iPaper but you cannot see it as you have not enabled cookies

Click here to update your consent