Copenhagen Property Market Report 2020

Danish economy

133

Copenhagen Property Market Report 2020

Danish unemployment rate at structural low

Danish inflation edging up

10% 12% 14%

4%

3%

2%

0% 2% 4% 6% 8%

1%

0%

-1%

13 12 11

14

15

16

17

18

E20 E19

13 12 11

14

15

16

17

18

19

E20

Denmark

Eurozone

Denmark

Eurozone

Sources: Statistics Denmark, Eurostat and Danske Bank

Sources: Eurostat and Danske Bank

Historically low interest rates

-1% 0% 1% 2% 3% 4% 5%

10

13 12 11

14

15

16

17

18

19

Eurozone (3M) Denmark (3M)

Eurozone (10-year gov. bond) Denmark (10-year gov. bond)

Note: Short-term interest rates (3M) and 10-year government bond yields. Sources: Eurostat, ECB and Nasdaq OMX Nordic