Denmark Inflation

Denmark

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%.

FocusEconomics Consensus Forecast panelists expect inflation to average 0.7% in 2016, which is down 0.2 percentage points from last month’s estimate. For 2017, panelists expect inflation to average 1.5%.


Author:, Senior Economist

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Denmark Inflation Chart


Denmark Inflation November 2015

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


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