In February, consumer prices jumped 1.26% over the previous month, which is well above the 0.32% increase recorded in January. According to Statistics Denmark (DST), the reading was the result of higher prices for alcoholic beverages and tobacco as well as for clothing and footwear. Despite the sharp monthly rise, annual headline inflation remained unchanged at January's 2.8%. Annual average inflation also remained steady at 2.8% for the seventh consecutive month. The Central Bank expects average inflation to moderate to 1.9% this year.
Inflation remains steady in February
March 12, 2012
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Denmark Economic News
October 10, 2016
In September, consumer prices were flat on a monthly basis, which came in above August’s 0.3% 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.