May 27, 2018 / 6:53 PM / 6 months ago

Denmark expects slightly lower 2018 budget deficit in new forecast

COPENHAGEN (Reuters) - Denmark’s government has lowered its expectations for the budget deficit this year and next year slightly, according to a government report seen by Reuters.

It now expects the 2018 budget deficit to be 0.5 percent of GDP, from the 0.8 percent expected in an earlier forecast from December, while the expected 2019 deficit was lowered to 0.5 percent of GDP from 0.6 percent.

In the report, expected to be released on Monday, the government kept its forecast for GDP growth this year and next year unchanged at 1.9 percent and 1.7 percent respectively.

Reporting by Erik Matzen

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