Broen Shopping

Households expect their situation to improve as wages increase

30

BROEN SHOPPING

20

10

0

-10

-20

-30

-40

12

13

14

15

16

17 18 19 20

21

22

23

24 25

Consumer confidence indicator

Financial situation of the households over the next 12 month

Note: Consumer expectations (net figures) according to indicator and over time. Financial situation in this connects means Danish households’ own perception of their future financial situation. Source: Statistics Denmark, Colliers

The return of real wage growth

10%

CAGR: 2.22% (Physical stores)

8%

6%

4%

0% 2%

-2%

-4%

-6%

17

18

19

20

21

22

23

24

Wage growth

Inflation Real wages

Source: Statistics Denmark, Colliers

. 15

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