Danish economic growth eased in the third quarter, the latest figures published by Statistics Denmark revealed Friday.
The gross domestic product expanded 0.4 percent quarter-on-quarter in the third quarter, decelerating from 0.6 percent growth in the second quarter. Economists had projected 0.3 percent increase.
The economy stagnated in the first quarter, while the previous estimate showed 0.2 percent contraction for the period.
In the September quarter, private consumption edged down 0.1 percent from the previous quarter. Government spending rose 0.6 percent and investment surged 3.9 percent.
The GDP grew 0.5 percent year-on-year in the third quarter. In the first three quarters, GDP rose 0.1 percent compared with the same period last year.
Published: 2013-11-29 08:28:00 UTC+00
Danish GDP Growth Slows In Q3
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