Follow the economy across the Nordic countries and economic changes worldwide.
Economic Outlook
Central banks are still concerned about inflation, which is slowing down, but is still above the target level. Consequently, it will take time before monetary policy will be eased, and the global outlook continues to be weak.
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Economic Outlook
Economic growth was healthy in the first half of the year, but the outlook going forward is clearly weaker. Higher interest rates will continue to put pressure on consumers, and residential construction. Demand for exports has also deteriorated as global economic growth has slowed down.
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Economic Outlook
As part of the ambition to reduce greenhouse gas emissions, vehicle taxation has been significantly changed. This has led to a sharp rise in the fleet of electric cars, while the number of diesel cars has declined. Despite this increase, there is still a long way to go to fulfil the ambition of one million zero- and low-emission cars on Danish roads in 2030.
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Meet our experts
Russia’s attack on Ukraine. Inflation and higher interest rates. Nordea’s Norwegian Chief Economist Kjetil Olsen is close to the big news. But an evening trip to the forest can make him forget time and place.
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Economic Outlook
Household purchasing power has weakened significantly over the past year. However, households have maintained their spending by tapping into their savings.
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Economic Outlook
The Swedish economy is showing some resilience. Especially the labour market has been stable. But there are still major challenges. Not least, households are struggling with high inflation and increasing interest rates with reduced spending as a result.
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Economic Outlook
The economy has surprised positively in the first months of the year, but the outlook for the rest of the year is clearly weaker. The rise in prices and interest rates will continue to put pressure on consumers, and lower housing demand will decrease the volume of construction.
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Economic Outlook
China is now one of the bright spots in the global economy thanks to its post-COVID rebound. Developed economies, however, continue to fight against inflation, which is still too high. As central banks tighten their monetary policy it remains to be seen whether they will be able to deliver a soft landing or if many economies will slide into a recession.
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Economic Outlook
Join us for the release of the Nordea Economic Outlook on 9 May. Sign up for the webinar with our chief economist for an inside look.
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Meet our experts
As a young orienteering talent in Finland, Tuuli Koivu dreamt about a career in sports. Now the Nordea chief economist strives to be on top of the global economy – and especially the future direction of China.
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Economy
In our new study, the Nordic Pulse, we asked the people in the Nordics about their financial situation and how they value different areas of life. In some areas, the discrepancies between men and women seem to differ a lot. Our experts explain why.
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Economic Outlook
2023 looks set to be yet another uncertain and challenging year. Although inflation seems to have peaked, it is still an open question how much further monetary policy tightening is needed to lower it substantially.
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