Consumption less affected by the latest lockdown

Abstract icon On 17 December 2020, Denmark entered its second lockdown, and restrictions were tightened further on 25 December. As a result, consumption, measured by card turnover, decreased by 10.0 per cent during the first five weeks of the lockdown relative to the year-earlier period. By way of comparison, card turnover dropped by 18.7 per cent during the first five weeks of the spring lockdown, indicating a softer economic slowdown.
Subject Financial statistics
Type Payments
Period 4. quarter 2020
Published 1 February 2021
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