In December, consumer prices remained unchanged over the previous month, which was broadly in line with the virtually flat reading recorded in November (-0.08% month-on-month). According to Statistics Denmark (DST), the reading was the result of higher prices for food and non-alcoholic beverages as well as for health, which completely offset lower prices for clothing and footwear. As a result of the monthly figure, annual headline inflation inched down from 2.6% in November to 2.5% in December, which was in line with market expectations. Overall, inflation in 2011 reached an average of 2.8%, above the 2.3% observed in 2010.
Inflation eases in December
January 10, 2012
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Denmark Economic News
October 10, 2016
In September, consumer prices were unchanged over the previous month, which contrasted August’s 0.3% month-on-month decrease.
September 30, 2016
In the second quarter, GDP expanded a revised seasonally-adjusted 0.4% over the previous quarter (previously reported: +0.5% quarter-on-quarter), according to data released by Statistics Denmark (DST) on 30 September.
September 29, 2016
The business confidence indicator developed by Statistics Denmark (DST) came in at minus 8 points in September, which marked a deterioration since the previous month’s minus 7 points.
September 22, 2016
The mood among Danish consumers turned more pessimistic and fell to the lowest level in over three years in September, as the consumer confidence indicator produced by Statistics Denmark (DST) fell from August’s 4.8 points to 1.8 points. September’s deterioration reflected that consumers assessed Denmark’s economic outlook in one year as well as the country’s current economic situation worse than in August.
September 12, 2016
In August, consumer prices fell 0.3% on a monthly basis, which came in below July’s 0.1% decrease.