{"id":121302,"date":"2026-07-03T01:53:27","date_gmt":"2026-07-03T01:53:27","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/121302\/"},"modified":"2026-07-03T01:53:27","modified_gmt":"2026-07-03T01:53:27","slug":"denmarks-q1-gdp-growth-revised-lower","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/121302\/","title":{"rendered":"Denmark’s Q1 GDP growth revised lower"},"content":{"rendered":"

\"FILE<\/a> FILE PHOTO – Danish flags hang from a store near Nyhavn, the popular tourist harbor in the center of Copenhagen. (is associated with: \u00abDenmark’s Q1 GDP growth revised lower\u00bb) Steffen Trumpf\/dpa <\/p>\n

The Danish economic growth accelerated less than estimated in the first quarter, the latest data from Statistics Denmark showed on Tuesday. <\/p>\n

Gross domestic product advanced 1.5% sequentially in the first quarter, after a 0.5% rise in the fourth quarter. In the flash report, the rate of growth was 1.9%. <\/p>\n

The overall increase in the first quarter was due to a large increase in industry, especially driven by the pharmaceutical industry, the agency said. Excluding this, the remaining part of the economy grew by only 0.5%. <\/p>\n

The expenditure breakdown showed that household consumption grew 0.6%, driven by 12.4% more vehicle purchases. <\/p>\n

Meanwhile, public consumption and gross fixed capital formation declined by 4.3% and 3.8%, respectively. The decline in investments was more evident in the other construction and civil engineering, which fell by 7.2%. <\/p>\n

Exports of goods and services climbed 1.9%, while imports were 1.5% lower. <\/p>\n

On a yearly basis, the economic growth quickened to 6.2% from 3.1%. In the flash estimate, the rate of expansion was 5.9%. <\/p>\n

Separate official data showed that Denmark’s gross unemployment rate remained stable at 3.1% in May. The youth unemployment rate, which applies to the 16-24 age group, also held steady at 1.6%. <\/p>\n","protected":false},"excerpt":{"rendered":"FILE PHOTO – Danish flags hang from a store near Nyhavn, the popular tourist harbor in the center…\n","protected":false},"author":2,"featured_media":121303,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[2],"tags":[27,26,26704,31724],"class_list":["post-121302","post","type-post","status-publish","format-standard","has-post-thumbnail","category-denmark","tag-danmark","tag-denmark","tag-gdp-growth","tag-statistics-denmark"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/116853552305775133","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/121302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=121302"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/121302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/121303"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=121302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=121302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=121302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}