Danes to spend more in December

Meanwhile, many families cannot afford to buy any Christmas gifts

Lucie Rychla

Danish consumer spending has continued to grow for the third year in a row, with December retail sales set to be about 1.5 percent higher than 2015, predicts economist Louise Aggerstrøm Hansen from Danske Bank.

According to Hansen, the Danes are getting paid more while the prices of products have overall remained stable, and people can thus afford to buy more for their coin.

In 2015, the average Dane spent 1,090 kroner more in the month of December than in the previous months of the year, and Hansen reckons the amount will increase to 1,110 kroner this year.

November taking its share
However, Steen Bocian, the chief economist at the Confederation of Danish Enterprises, argues that some of this year’s Christmas sales moved to November because of Black Friday when credit card purchases totalled 2 billion kroner.

READ MORE: Black Friday bigger than ever in Denmark

Bocian also notes that despite the recovering economy, the Danes are still careful with their personal finances and trying to save.

More people in need
Meanwhile, the Danish humanitarian organisation Dansk Folkehjælp has reported that it received 15,482 applications for Christmas help from families who cannot afford to celebrate the holiday.

It is more than double compared to last year, while other organisations are also experiencing a high demand for the service.

TOP STORIES

  • Nørrebro: A battle between identities

    Nørrebro: A battle between identities

    Nørrebro is a cornerstone of the city of Copenhagen. However, while it continues to be a popular hang out spot for young and old alike, the neighborhood is in the middle of a transformation from the old working class population, to a younger and more economically stable clientele. This fact raises concern among native Nørrebro-citizens.

  • Copenhagen celebrates St. Patrick’s Day with a grand 20th anniversary parade

    Copenhagen celebrates St. Patrick’s Day with a grand 20th anniversary parade

    The Irish Culture Association Denmark (ICAD) is celebrating St. Patrick’s Day in Copenhagen on March 16, 2025, with a parade marking its 20th anniversary. Supported by the Irish Embassy, the event will feature Irish music, dance, sports, and cultural displays, bringing the spirit of Ireland to Denmark.

  • Trump: Greenlandic annexation “will happen.” Greenlandic PM: “Enough is enough”

    Trump: Greenlandic annexation “will happen.” Greenlandic PM: “Enough is enough”

    Yesterday, the President of the United States made some of the strongest statements about Greenland he has ever made during the press conference with NATO Secretary General Mark Rutte.

  • Copenhagen revisited through memoir poetry

    Copenhagen revisited through memoir poetry

    Not all students feel like reading Danish poetry after a meeting at a language school with writer and poet Henrik Palle. Yet, a portrayal of Copenhagen as the city once was and the impressions of what the city is today give a deeper impression of the Danes

  • A book to make Danish idioms easier to understand

    A book to make Danish idioms easier to understand

    It’s difficult to learn Danish, especially with idioms that have figurative meanings. It highlights Christiane Bjørg Nielsen’s book, See What You Say, which serves as a visual guide to understanding these idiomatic expressions in Danish.

  • Raise the voice of internationals. Take the survey and share your experience in Denmark.

    Raise the voice of internationals. Take the survey and share your experience in Denmark.

    Copenhagen Capacity has launched a survey for all internationals living in Denmark to find out if they are happy here and what challenges they face. The Copenhagen Post is the media partner for this initiative. You can find the survey below in the article.

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

Sign up here

Career

  • Copenhagen ranked 4th for career growth

    Copenhagen ranked 4th for career growth

    Copenhagen is ranked as the fourth-best city in the world for career growth, according to an analysis by EnjoyTravel. This ranking considers various factors such as living costs, salary levels, workforce availability, and overall quality of life. Copenhagen is noted for its blend of historical and modern elements, particularly in the green energy sector, which influences job opportunities.

  • Data shows that non-Western immigrants have saved local economies in Denmark

    Data shows that non-Western immigrants have saved local economies in Denmark

    A study reveals how only the massive influx of non-Western immigrants has saved many areas in Denmark from a decline in the workforce and a consequently shrinking economy

  • Long-term unemployment is double for non-Western immigrants

    Long-term unemployment is double for non-Western immigrants

    An analysis from the Labour Movement’s Business Council shows that the rate in long-term unemployment for non-Western immigrants is 1.8 times higher than for Danes. In other words, a chronic unemployment situation is way more probable for non-Western internationals.

Want to advertise your job with CPH Post?

Contact us

Jobs