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.
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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