Denmark Inflation March 2019

Denmark

Denmark: Inflation picks up in March

April 10, 2019

According to Statistics Denmark, consumer prices increased 0.1% in March over the prior month, down from the 0.5% rise registered in February. More expensive clothing and fuel costs led to higher prices in March compared to the previous month, which more than offset cheaper prices for electricity and airfares.

Inflation edged up to 1.2% in March from 1.1% in February. Meanwhile, annual average inflation also inched higher to 1.0% in March from February’s 0.9%.

FocusEconomics Consensus Forecast panelists expect inflation to average 1.1% in 2019, which is unchanged from last month’s forecast. For 2020, panelists project inflation to average 1.6%.


Author:, Economist

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Denmark Inflation Chart


Denmark Inflation March 2019

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


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