Economic Outlook

2022-05-20

Economic Outlook

Finnish economy holds ground despite the war

Russia’s attack against Ukraine will slow down economic growth in Finland this year. A strong labour market, the lifting of restrictions and the savings accumulated by households during the Covid pandemic will underpin growth in the service sector.

2022-05-20

Economic Outlook

Danish public finances: A break with budget discipline?

The Danish Budget Act is about to be amended at the same time as the green transition and Danish defence spending put an increasing strain on public finances. Is this the beginning of a regime shift in public budget management?

2022-05-20

Economic Outlook

Danish economy affected by uncertainty

Previously, there were fears of the Danish economy overheating, but now focus has shifted to the negative effects of the war in Ukraine, the high inflation level and the rapidly rising interest rates.

2022-05-20

Economic Outlook

How Finland's economy is maintaining its competitiveness

Export prices in Finland have kept up with rapidly rising import prices, keeping the country’s terms of trade unchanged. Zero-emission electricity generation is becoming a source of competitive advantage in manufacturing, which supports investment growth.

2022-05-20

Economic Outlook

Swedish economic outlook: The test

The Swedish economy is currently stronger than it has been for many years. However, the economy is entering a phase of subdued growth as high inflation and rapid rate hikes are slowing activity.

2022-05-20

Economic Outlook

Nordea chief economist: Record-high inflation will slow down economic activity

The war in Ukraine and new Covid-related lockdowns in China put the global economy under pressure. Inflation in the Western world has risen to its highest level since the 1980s.

2022-05-12

Economic Outlook

Global economic outlook: Stressed

The Russian assault on Ukraine, very high inflation and China’s lockdowns imply a high degree of uncertainty in the global economy and take the growth forecasts somewhat lower for 2022.

2022-05-11

Economic Outlook

Nordea Economic Outlook: Under pressure

The war in Ukraine and new COVID-related shutdowns in China have dramatically worsened the outlook for the world economy this year. Geopolitics, high inflation and new resistant COVID-19 variants pose the greatest risks to growth prospects, says Helge Pedersen, Nordea Group Chief Economist.

2022-01-26

Press releases

Nordea Economic Outlook: Heating up

The pandemic continues to rage, but the global economic outlook remains benign. After a solid 5.5 percent growth in 2021 we expect global growth to land at 4.1 percent this year and 4.2 percent in 2023

2021-09-22

Podcast

Denmark: From deep crisis to risk of overheating

Is the Danish economy on the brink of overheating? Will growing labour shortages become a problem? And can we expect the housing market boom to continue? Find out all this and more in this podcast with Nordea Chief Analyst Jan Størup Nielsen.

2021-08-23

Economic Outlook

The Nordea Economic Outlook is coming: Sign up for the webinar

The next Nordea Economic Outlook comes out on 1 September. Sign up for the same-day webinar with Group Chief Economist Helge J. Pedersen.

2021-06-07

Economic Outlook

Nordea's chief economist: "Expect a rapid economic recovery"

The current state of the economy gives reason for optimism, we recently reported in our latest Economic Outlook. Chief economist Helge J. Pedersen comments on what this could mean in the long run.