Follow our expert insights about how the markets and inflation develop in the Nordics and globally.
Economic Outlook
Danish economy slows down
The Danish economy is clearly positioned for a period with lower activity. However, there is a risk that the slowdown will be self-reinforcing – not least in the housing market where a significant correction of market prices is taking place.
Public spending in Finland has increased so much that the government budget is in balance only when the economy is in an upswing and interest rates are at zero. Large-scale fiscal adjustments are needed to return public finances to a sustainable footing.
The Finnish economy is headed towards a mild recession this winter, but for the full year we forecast zero growth. Consumer purchasing power is constrained at the moment, but easing inflation and rising salaries will boost private consumption towards the end of the year.
Value-based investing important to Nordic investors
A Nordic survey shows that it’s the opportunity to invest in accordance with one’s own values that is most important when private investors choose to invest sustainably.
When did we last experience a normal year? In this podcast, Johan Trocmé and Viktor Sonebäck review the Nordea On Your Mind topics covered this year and warn that 2023 may not be peaceful and quiet either. But we should not despair; it often takes a crisis to bring positive structural change.
Managing business risk from the Russia-Ukraine war
How are Nordic corporates handling the risks from their business exposure to Russia, Ukraine and Belarus? We asked them in our Treasury Survey 2022: Re-assessing risk.
Are you praying for greater wind speeds? Loading up with blankets ahead of the winter? Sky high electricity prices have made the European energy crisis something real and highly relevant for us all.
At China’s Party Congress in October, Xi Jinping continued to strengthen his role as China’s leader, and his position is now much stronger than that held by his predecessors. However, it is not clear what this implies for the Chinese economy.
Nordic large corporates re-think risk and supply chains in a harsher new reality
In Nordea Thematics annual treasury study, 160 Nordic large corporates have answered questions about what they consider to be the greatest risks and how they manage them.
Although industrial production has been running at full capacity this year, manufacturing output and goods exports volumes are still below the levels seen in 2008. This is due to the fact that production capacity has fallen and the share of value added to the economy by manufacturing has decreased permanently.
Economic growth was strong in the first half of the year but is showing signs of weakness towards the end of the year. High energy prices are sapping consumers’ purchasing power at the same time as the slowdown in global economic growth is hampering exports. Meanwhile, falling housing sales will slow down construction.