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The corona epidemic has reduced the consumption of Danish households, which will temporarily lower the consumption rate. For a prolonged period, Danish households have saved and are in general well equipped for a contraction of the Danish economy. Therefore, the consumption rate is expected to...
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The corona epidemic has caused a temporary reduction in housing market activity and a small drop in housing prices. However, stimulus packages and low interest rates continue to stimulate the demand for housing. Limited price decreases are therefore expected in 2020, and the price level is...
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Households' savings increased significantly during the first wave of the corona pandemic in Denmark and several other countries. This Economic Memo finds that the higher savings in Denmark were driven by restrictions rather than precautionary consumers. Precautionary savings have so far been...
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Due to the covid19-crisis, it is projected that Danish potential GDP will grow at a slower pace in the coming years. Potential GDP is reduced by 1.1 per cent in 2022 compared to Nationalbanken's forecast from before the covid19 outbreak. The downward revision reflects a decline in structural...
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