Denmark Inflation August 2018


Denmark: Inflation dips marginally in August

September 10, 2018

Consumer prices fell 0.4% month-on-month in August, contrasting July’s 0.8% increase. According to Statistics Denmark, August’s figure was driven by lower prices for package holidays, which contrasted higher clothing prices.

Inflation came in at 1.0% in August, down from 1.1% in July, while annual average inflation also dipped to 1.0% from 1.1%.

Denmark Inflation Forecast

FocusEconomics Consensus Forecast panelists expect inflation to average 0.9% in 2018. For 2019, panelists expect inflation to average 1.4%.

Author:, Economist

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Denmark Inflation Chart

Denmark Inflation August 2018

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

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