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Country Economic Forecasts > Denmark

  • April 2017
  • -
  • Oxford Economics
  • -
  • 13 pages

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The latest national accounts show that GDP rose 0.2% on the quarter in Q4, taking growth for 2016 as a whole to 1.1%. Most significantly, consumption grew by 1.5%, its fastest quarterly rate since mid-2011. Fixed investment grew by 1.4% on the quarter, marking the second consecutive quarter of strong growth. And buoyant export growth caused net exports to expand by 7.6%. But government consumption fell 0.1% on the quarter. We now forecast GDP growth of 1.5% this year, down slightly from last month's projection, before a further pick-up to 1.8% in 2018.year, down slightly from last month's projection, before a further pick-up to 1.8% in 2018.

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