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.
Author: Lindsey Ice, Economist