Hesitant companies hold key to economic growth
Businesses themselves hold part of the key to an economic recovery, according to a report from Nykredit bank.
Inventories are ten percent lower than their 20-year average, the report found. Boosting production to increase inventories could add three percentage points to economic growth next year, the report found.
Lower investment levels over the past five years has also seen companies’ liquidity rise to 170 million kroner.
Should they choose to spend that money on new production equipment, it would add one percentage point to economic growth, according to Nykredit.
Erhverv & Økonomi
This story was included in The Copenhagen Post's Morning Briefing for Monday, September 9. If you would like to receive stories like these delivered to your inbox by 8am each weekday, sign up for our Morning Briefing newsletter today.