Denmark: Inflation climbs up in October
November 10, 2016
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.