Denmark: Inflation eases further in November
December 10, 2015
In November, consumer prices dropped 0.3% over the previous month, which came in below the flat reading seen in October and marked a three-month low. According to Statistics Denmark (DST), the figure mainly reflected lower prices for food and non-alcoholic beverages.
Inflation inched down from 0.4% in October to 0.3% in November, thus hitting the lowest point since February of this year. Harmonized inflation came in at 0.1% in November, which was down from October’s 0.2%. Finally, annual average HICP inflation held steady in November at October’s 0.2%.
Author: Dirina Mançellari, Senior Economist