Denmark Inflation February 2019

Denmark

Denmark: Inflation eases from over one-year high in February

March 11, 2019

According to Statistics Denmark, consumer prices climbed 0.5% over the prior month in February, up from the 0.2% rise registered in January. The uptick came on the back of higher prices for clothing and footwear; transport; leisure and culture. On the other hand, prices for furnishings and household services fell in the month.

Inflation softened to 1.1% in February from an over one-year high of 1.3% in January. Meanwhile, annual average inflation was stable at January’s 0.9% in February.

FocusEconomics Consensus Forecast panelists expect inflation to average 1.1% in 2019, which is down 0.2 percentage points from last month’s forecast. For 2020, panelists expect inflation to average 1.6%.


Author:, Economist

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Denmark Inflation Chart


Denmark Inflation February 2019 0

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


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