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The corona epidemic has reduced the consumption of Danish households, which will temporarily lower the consumption rate … economy. Therefore, the consumption rate is expected to relatively quickly return to its pre-corona epidemic level. However, a … longer lasting epidemic and contraction of the Danish economy can further reduce household consumption. …
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Due to the covid19-crisis, it is projected that Danish potential GDP will grow at a slower pace in the coming years. Potential GDP is reduced by 1.1 per cent in 2022 compared to Nationalbanken's forecast from before the covid19 outbreak. The downward revision reflects a decline in structural...
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