Denmark: Inflation eases in August
September 10, 2014
In August, consumer prices fell 0.2% over the previous month, which followed July’s 0.1% decline. According to Statistics Denmark (DST), the figure mainly reflected lower prices for leisure and culture as well as for transport.
Annual headline inflation decreased from July’s 0.8% to 0.5%. Meanwhile, annual average inflation was stable at July’s 0.6%. HICP inflation (based on the harmonized index of consumer prices) fell from 0.5% in July to 0.3% in August, while annual average HICP inflation remained at July’s 0.4%.