The worst is likely over, but growth will be subdued
The Nordic economies are particularly exposed to high inflation and rising rates, given the high indebtedness of their private sectors and prevalence of variable rate loans. Activity has so far surprised on the upside in early 2023, but tight financial conditions and depressed real incomes will weigh on growth later this year and into 2024. In this webinar, we address the main drivers of the near-term outlook, namely the impact of inflation and monetary policy tightening on the real economy and the banking sectors, as well as our view on Nordic industry, commercial real estate and cities performance.
Daniel Kral
Lead Economist
+44 (0) 203 910 8073
Daniel Kral
Lead Economist
London, United Kingdom
Daniel Kral is a Senior Economist within the macroeconomics forecasting division of Oxford Economics. He joined Oxford Economics in April 2021 in London and leads the coverage of the Nordic region. Daniel holds a Master of Research from University College London where his thesis won the Frank Carter prize for the best post-graduate thesis in 2014.
Rory Fennessy
Senior Economist
+44 (0) 20 3910 8060
Rory Fennessy
Senior Economist
London, United Kingdom
Rory is an Economist in the European Macro Forecasting team, where he publishes research and analysis on the eurozone and Nordic economies. He is responsible for our forecast coverage for Norway, Denmark, Croatia and Albania. He also helps in presenting our Global Risk Service to clients and prospects.
Rory joined Oxford Economics in September 2020 after graduating from the University of Exeter with a first-class BSc in Economics. While at university, he completed an industrial placement year at Oxford Economics in our Latin American Macro Forecasting team. His undergraduate dissertation focused on the drivers of currency crises in emerging markets with floating exchange rates.
Lawrence Harper-Scott
Senior Economist
+44 (0) 203 910 8066
Private: Lawrence Harper-Scott
Senior Economist
London, United Kingdom
Nico Palesch
Senior Economist
+44 203 910 8000
Nico Palesch
Senior Economist
London, United Kingdom
Nico is a Senior Economist within Oxford Economics’ Global Industry Service where he is responsible for monitoring and forecasting developments in the transportation & logistics sector, writing industry-related reports and research notes on sector-specific and cross-sector themes and issues, overseeing and expressing the house-view on industrial developments in our monthly publications, and working on bespoke consulting projects.
Nico holds a BSc Joint Honours Political Science and Economics from the University of Ottawa and an MSc Economics from the London School of Economics and Political Science, achieved with distinction.
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