Low inflation spurring consumption

The current low inflation rate of 0.9 percent has resulted in real wage increases of about 7bn kroner, according to calculations by mortgage lender Nykredit. The 1.8 percent increase is the highest in four years and pushes wages back up to 2009 levels. Retailers say that extra money is already starting to flow into their tills and expect that if growth continues apace their sales could surpass pre-recession levels before long. Consumers spend about 900 billion kroner each year, and account for half of the country’s economic activity. – Børsen




  • Danish Royals skip Royal Court suppliers

    Danish Royals skip Royal Court suppliers

    It is not contemporary to have companies with special status in relation to the Royal House. This is the Royal House’s own assessment; hence the long-standing tradition is axed. The suppliers have five years to come to terms

  • New climate report paints a somber picture for the world and Denmark

    New climate report paints a somber picture for the world and Denmark

    In the report State of the Cryosphere 2024 – Lost Ice, Global Damage report, 50 leading cryosphere scientists warn of vastly higher impacts and costs to the global economy given accelerating losses in the world’s snow and ice regions.

  • Danish government wants to confront fundamental Islamism

    Danish government wants to confront fundamental Islamism

    Some of Denmark’s high-ranking politicians are concerned that citizens with strong, Islamic fundamentalist values get official jobs and will work from within to change values in Danish society. Last week, the Minister of Integration held a seminar on Islamic normative pressure

  • Study – Denmark ranks third in Europe in life-work balance

    Study – Denmark ranks third in Europe in life-work balance

    Global employment company Remote has made its annual study into which European countries offer the best terms of life-work balance. Ireland tops the list while Denmark comes third

  • Immigrants boom in trade and transport, but lack in healthcare

    Immigrants boom in trade and transport, but lack in healthcare

    Currently, 498,000 international workers are employed in Denmark, setting a record for the country. Which sectors do they work in the most, and where are they lacking? A report from Statistics Denmark sheds light on this

  • Is it necessary to snakke the dansk?

    Is it necessary to snakke the dansk?

    It can be tough to step outside your lovely Vatican bubble. However, building bridges with the Danes that are happy to snakke engelsk is definitely a positive first step.

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