Kollage: Mads D'Alterio Djervig. Originalfoto: Jacob Ehrbahn, Jens Dresling, Texturelabs, Pixabay

Danes were supposed to start spending a bit more to keep growth afloat. Instead, consumption is barely breathing, and now higher gasoline prices are making Danes clutch their wallets even tighter.

We shop as cheaply as possible at the supermarket – and then we go out and buy a new car

Kollage: Mads D'Alterio Djervig. Originalfoto: Jacob Ehrbahn, Jens Dresling, Texturelabs, Pixabay
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This year was supposed to be the one when we would finally start spending a bit more again on good, old-fashioned consumption.

In fact, rising household spending was expected to rescue the Danish economy. The now-departed government had figured that Trump’s tariff threats made it highly uncertain whether we could keep getting richer by selling more abroad.

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