28.09.201802:33:00UTC+00Denmark Q2 GDP Growth Eases As Estimated

Denmark's economic growth moderated as initially estimated in the three months ended June, latest figures from Statistics Denmark showed Friday.

Gross domestic product advanced a seasonally and price-adjusted 0.2 percent sequentially in the second quarter, slower than first quarter's 0.4 percent rise.

That was in line with the flash data published on August 31.

On the expenditure side, private consumption grew 0.3 percent over the quarter and gross fixed capital formation climbed by 8.6 percent.

Exports of goods declined 0.3 percent, while imports climbed by 1.0 percent.

Another report from the statistical office revealed that the unemployment rate held steady for the second straight month in August, at 3.9 percent.

Gross unemployment decreased to 107,000 in August from 107,600 in the prior month.