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.
Author: Lindsey Ice, Economist