Economy | Nordea

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.

2022-04-05

Insights

Interest rates are rising: Here’s what Swedish companies can do

As central banks begin to tighten monetary policy, companies need to manage their interest rate risk. With Nordea’s corporate loans with interest rate caps, businesses can benefit from today’s low interest rates while also guarding against the higher rates on the horizon.

Ukrainian flag waving in the wind in Kiev

2022-03-30

Insights

Chief Economist's Corner: The war in Ukraine hits the economy and leads to a new world order

A global recession is not imminent, but shortages of some goods may occur, and inflation will remain high in the coming period, writes Nordea's Group Chief Economist, Helge J. Pedersen.

2021-12-21

Economy

Our Chief Economist: ‘Many things surprised us this year’

Chief economist Helge Pedersen on the challenges that affected your economy in 2021 – and what to expect in 2022.