Denmark Inflation October 2016

Denmark

Denmark: Inflation climbs up in October

In October, consumer prices in Denmark edged up 0.2% on a monthly basis, which came in above September’s flat reading. According to Statistics Denmark (DST), the figure was driven by higher prices for several categories, especially furnishing and transportation.

Inflation came in at 0.3% in October, which was above the flat print seen in September. The harmonized index of consumer prices climbed up 0.1% in October (September: -0.3%). Finally, annual average HICP inflation was flat in October, matching September’s reading.

FocusEconomics Consensus Forecast panelists expect inflation to average 0.4% in 2016, which is unchanged from last month’s estimate. For 2017, panelists expect inflation to average 1.3%, which is down 0.1 percentage points from last month’s forecast.


Sample Report

Looking for forecasts related to Inflation in Denmark? Download a sample report now.

Download

Denmark Inflation Chart


Denmark Inflation October 2016

Note: Year-on-year and month-on-month variation of consumer prices index in %.
Source: Statistics Denmark (DST)


Denmark Economic News

  • Denmark: Business confidence remains low in November

    November 29, 2016

    The business confidence indicator developed by Statistics Denmark (DST) came in at minus 8 points in November, which marked a slight improvement from October’s minus 9 points, although it is still below the zero-point threshold that separates optimistic from pessimistic sentiment.

    Read more

  • Denmark: Consumers become even more pessimistic in November

    November 22, 2016

    The mood among Danish consumers became more pessimistic in November, when the consumer confidence indicator produced by Statistics Denmark (DST) slipped further from October’s multi-year low of 1.2 points to 0.9 points. November’s gloomy reading reflected consumers’ poorer assessment of the economy in the last twelve months and a more downbeat outlook for the general economy in the next year.

    Read more

  • Denmark: Business confidence weakens further in October

    October 28, 2016

    The business confidence indicator developed by Statistics Denmark (DST) came in at minus 9 points in October, which marked a deterioration from September’s minus 8 points.

    Read more

  • Denmark: Consumer confidence deteriorates in October to over three-year low

    October 21, 2016

    The mood among Danish consumers turned more pessimistic and fell to the lowest level in over three years in October, as the consumer confidence indicator produced by Statistics Denmark (DST) fell from September’s 1.8 points to 1.2 points. October’s drop reflected that consumers were more downbeat about Denmark’s economic outlook in one year than they were in September and that their families’ financial situation had deteriorated compared to a year ago.

    Read more

More news

Search form