Danmarks Nationalbank’s most recent projection operates with sound growth in private consumption in the near term – but on the other hand, we have been saying that for some time without the forecast having materialised.
The forecast is supported by positive indications in the Danish labour market, with falling unemployment and a rise in the number of people in employment, especially in the private sector, although these figures are also subject to uncertainty. Unemployment has declined most strongly among unskilled workers and in the building and construction sector.