Denmark Consumer Confidence Increases In April finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
4/21/2021 11:19:35 AM GMT
Overall investment in Denmark has only been marginally affected by the COVID-19 crisis. Other factors must be behind the increase in corporate bank deposits.
Business investment is usually a major driver of the business cycle and recovery usually means a steep rise in investment. However, the COVID-19 crisis is very different from past crises and the recovery is likely to prove very different as well.
First of all, there has not been a decline in overall investment activity in 2020, at least not according to the national accounts data from Statistics Denmark, which admittedly is very preliminary at this point. Gross fixed investment was DKK 527bn last year, up 2.1% in real terms from 2019. About half the increase was driven by public investment, but the private investment also increased. Zooming in, there was a marginal decline in machinery investment and a large decrease for transport equipment, where changes are usually very much driven by the shipping
Denmark raises the bar on citizenship infomigrants.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infomigrants.net Daily Mail and Mail on Sunday newspapers.
Denmark Producer Prices Inflation Rises In March
The producer price index grew 5.8 percent year-on-year in March, following a 3.1 percent increase in February.
Prices in energy supply surged 70.5 percent annually in March and those in mining and quarrying gained 43.8 percent. Prices for water supply rose 2.3 percent.
Domestic market prices gained 10.4 percent annually in March and foreign market prices rose 2.3 percent.
On a monthly basis, producer prices rose 0.7 percent in March.
Import prices increased 2.3 percent yearly in March and rose 0.5 percent from a month ago.
Copyright RTT News/dpa-AFX
Denmark Producer Prices Inflation Rises In March forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.