Economics
Nordic Nations Make Noticeable Headway in Covid Recovery
- Economists have upgraded outlooks for Swedish growth
- Danish growth data was revised up, Norway is recovering fast
A cyclist and pedestrians make their way along a shopping street in Aalborg, Denmark.
Photographer: Cathrine Ertmann/BloombergThis article is for subscribers only.
The Nordics are starting to make noticeable headway in repairing the damage from the coronavirus crisis, building on a year of remarkable resilience to global economic turmoil.
In Sweden, robust business confidence and improving export prospects this week prompted SEB and the Swedish National Institute of Economic Research to raise growth forecasts for the region’s biggest economy. Bloomberg Economics did so too, and also lifted its outlook for Norway, while Denmark’s most recent growth data was revised higher.