Denmark: Inflation inches up in April
May 10, 2017
Consumer prices rose 0.2% in April compared to the prior month, up from March’s 0.1% increase. According to Statistics Denmark (DST), the result was driven by higher prices for clothing and footwear, which were partially offset by lower prices for food and non-alcoholic beverages.
Inflation came in at 1.1% in April, a notch higher than the 1.0% reading in March. The Harmonized Index of Consumer Prices (HICP) climbed 1.0% in April from the same month of the previous year (March: +0.9 year-on-year).