Denmark: Inflation remains at over three-year high
March 10, 2017
Consumer prices rose 0.8% in February compared to the prior month, up from January’s flat reading. According to Statistics Denmark (DST), the result was driven by higher prices for food and non-alcoholic beverages, clothing and footwear and furnishings and household services.
Inflation came in at 1.0% in February, up slightly from January’s 0.9% reading and marking the highest rate since January 2014. The Harmonized Index of Consumer Prices (HICP) climbed 0.9% in February from the same month of the previous year. (January: +0.7 year-on-year).