Market Update Q1 UK 2024

  • Market Update

With this new edition of Market Update you get the latest data from the danish real estate market. The Danish economy has performed better than expected with significant growth in the fourth quarter of 2023. There is one explanation for this, namely Novo Nordisk’s great success. Inflation has fallen sharply in Denmark, and core inflation is at its lowest level since 2022. Employment is historically high with over 3 million employees and still rising. Consumer confidence is still negative, as it has been since the end of 2021, although it is improving. It is expected that economic growth will gradually return during 2024 and 2025, partly aided by interest rate cuts and increasing private consumption.