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Investing.com -- Denmark’s economy ministry has announced a downward revision of the country’s economic growth forecast for 2026.
The new prediction stands at 1.4%, a drop from the 1.7% forecast made in December.
In a contrasting move, the ministry has raised the GDP forecast for 2025 to 3% from the previous prediction of 2.9%.
The ministry attributes this increase to a high level of activity in Denmark at the beginning of 2025, which is expected to bolster GDP growth.
The ministry, however, noted that the ongoing trade conflict is anticipated to exert downward pressure on the growth rate.
Despite the high activity level, the trade conflict could potentially dampen the economic growth, as per the ministry’s statement released on Tuesday.
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