Denmark Inflation


Denmark: Inflation eases in October

November 10, 2015

In October, consumer prices didn’t change over the previous month, which was down from the 0.23% increase seen in September. According to Statistics Denmark (DST), the figure mainly reflected lower prices for food, beverages and tobacco, which offset higher prices for clothing.

Inflation inched down from 0.5% in September to 0.4% in October, thus hitting the lowest point since February of this year. Harmonized inflation came in at 0.2% in October, which was down from September’s 0.3%. Finally, annual average HICP inflation held steady in October at September’s 0.2%.

The Central Bank expects HICP inflation of 0.8% in 2015 and 1.7% in 2016. FocusEconomics Consensus Forecast panelists expect inflation to average 0.7% in 2015, which is down 0.2 percentage points from last month’s estimate. For 2016, panelists expect inflation to average 1.5%, which is..

Author:, Senior Economist

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Denmark Inflation Chart

Denmark Inflation October 2015

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

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