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%.
Author: Dirina Mançellari, Senior Economist