FOREX TradingCharts.com

Financial News: Denmark's Economy Grows 2.6% In Q4, More Than

Denmark's Economy Grows 2.6% In Q4, More Than Estimated

03/27/2024 - 04:16:00 (RTTNews)

(RTTNews) - The Danish economy expanded more than initially estimated in the final quarter of 2023, preliminary data from Statistics Denmark showed on Wednesday.

Gross domestic product advanced 2.6 percent sequentially in the December quarter, following a 0.4 percent recovery in the September quarter.

The growth rate for the fourth quarter was revised up from a 2.0 percent increase seen in the flash report, which was published on February 20.

Further, this was the strongest growth since the second quarter of 2022, when the economy had expanded 3.4 percent.

During the whole year 2023, the Danish economy expanded 1.9 percent compared with 2022. In the initial estimate, it was 1.8 percent.

Industry, trade, transport, and utilities contributed significantly to GDP growth in the fourth quarter, the agency said.

On the expenditure side, household consumption rose by 2.0 percent, while gross fixed investments dropped by 6.8 percent. Both exports and imports climbed by 7.5 percent and 2.5 percent, respectively.

On a yearly basis, the economy expanded 3.5 percent in the final quarter of 2023, revised higher from 3.1 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Malaysian Economic Growth Fastest In A Year (05 hr(s), 35 min(s), 57 sec(s) ago)
(RTTNews) - Malaysia's economic expansion accelerated in the first quarter, driven by positive ...Full Story»

Greece Current Account Deficit Widens (06 hr(s), 18 min(s), 57 sec(s) ago)
(RTTNews) - Greece's current account deficit increased in February from a year ago due to a de ...Full Story»

Spain Trade Gap Narrows Slightly (07 hr(s), 10 min(s), 57 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit decreased somewhat in February from a year ago as im ...Full Story»

UK Retail Sales Stable In March (08 hr(s), 43 min(s), 57 sec(s) ago)
(RTTNews) - UK retail sales were unchanged on a month-on-month basis in March, defying expectation ...Full Story»

Italy Construction Output Falls 3.9% (08 hr(s), 57 min(s), 57 sec(s) ago)
(RTTNews) - Italy's construction output decreased for the first time in five months in Februar ...Full Story»

German Producer Prices Fall At Slower Pace In March (10 hr(s), 58 min(s), 57 sec(s) ago)
(RTTNews) - Germany's producer prices continued to decline in March, though at the slowest pac ...Full Story»

Japan Inflation Data Due On Friday (27 min(s), 03 sec(s) ago)
(RTTNews) - Japan will on Friday release March national figures for consumer prices, highlighting ...Full Story»

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions (01 hr(s), 06 min(s), 57 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Malaysian Economic Growth Fastest In A Year

04/19/2024 - 08:00 AM (RTTNews)
(RTTNews) - Malaysia's economic expansion accelerated in the first quarter, driven by positive ...Full Story>>

Greece Current Account Deficit Widens

04/19/2024 - 07:17 AM (RTTNews)
(RTTNews) - Greece's current account deficit increased in February from a year ago due to a de ...Full Story>>

Spain Trade Gap Narrows Slightly

04/19/2024 - 06:25 AM (RTTNews)
(RTTNews) - Spain's foreign trade deficit decreased somewhat in February from a year ago as im ...Full Story>>

UK Retail Sales Stable In March

04/19/2024 - 04:52 AM (RTTNews)
(RTTNews) - UK retail sales were unchanged on a month-on-month basis in March, defying expectation ...Full Story>>

Italy Construction Output Falls 3.9%

04/19/2024 - 04:38 AM (RTTNews)
(RTTNews) - Italy's construction output decreased for the first time in five months in Februar ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.