Denmark: Inflation eases in February
March 10, 2016
In February, consumer prices increased 0.7% on a monthly basis, which contrasted the 0.4% decrease seen in January and marked the largest result in a year. According to Statistics Denmark (DST), the figure mainly reflected higher prices for food and nonalcoholic beverages.
Inflation dropped from 0.6% in January to 0.3% in February, thus marking the lowest reading in three months. Harmonized inflation came in at 0.1% in February, which was down from January’s 0.4%. Finally, annual average HICP inflation in February was stable at the previous month’s 0.3%.
Author: Dirina Mançellari, Senior Economist