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Economic and Monetary Developments – Autumn 2024
  • Solid economic growth still in place (2.5% in 2024 and 2025, respectively), downside revision from summer forecast
  • Largest impact comes from inflation (5% in 2025 due to gas prices and VAT changes), but still real wages positive
  • Employment stagnation (early retirements, consolidation measures)
  • Consolidation measures supposed to help get the public deficit on healthier path, but not sufficient to lower the public debt going forward
 
 
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