Denmark Inflation June 2019


Denmark: Inflation eases further in June

July 10, 2019

Consumer prices decreased 0.2% in June, following the 0.1% dip in May. The decline was mainly driven by lower prices for housing; health; clothing and footwear; and furnishing and housekeeping services. On the other hand, prices for food and non-alcoholic beverages; restaurants and hotels; and leisure and culture rose in the month.

Meanwhile, inflation ticked down to 0.6% in June from 0.7% in May, and annual average inflation was stable at 0.9% in June.

FocusEconomics Consensus Forecast panelists expect inflation to average 1.1% in 2019, which is unchanged from last month’s forecast. For 2020, panelists project inflation to average 1.4%.

Author:, Economist

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Denmark Inflation Chart

Denmark Inflation June 2019

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

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