Inflation in the Western world has risen to its highest level since the 1980s. Central banks have become even more determined to apply the brakes before inflation trends become self-reinforcing.

Helge J Pedersen, Chief Economist

 

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Facts from the report

3.3%

Expected global GDP growth in 2022

7.5%

Consumer price inflation in the Euro area in April 2022

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A cloud of uncertainty is casting its shadow over the global economic outlook, amid fallout from the war in Ukraine, the lingering pandemic and surging energy and food prices. These challenges collide as central bankers seek to bring down inflation while keeping the economic recovery on track.

Get Nordea’s updated forecasts from Group Chief Economist Helge J. Pedersen, as well as an in-depth look at the key issues shaping the global and Nordic economies. 

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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).

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Finland

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

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Denmark

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

 

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Norway

In Norway Chief Economist Kjetil Olsen, Chief Strategist Lars Mouland and Analyst Dane Cekov present.
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Previous editions of Economic Outlook

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Heating up

January 2022
 

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A new phase

September 2021
 

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Unrestricted growth

May 2021

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The growth booster

January 2021

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Bouncing back

September 2020

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