Denmark: Inflation remains flat in April
May 10, 2016
In April, consumer prices increased 0.1% on a monthly basis, which followed the reading observed in the previous month. According to Statistics Denmark (DST), the figure mainly reflected higher prices for food and nonalcoholic beverages.
Inflation was stable at a flat reading in April, thus matching the previous month’s figure and remaining at the lowest reading in over a year. Harmonized consumer prices dropped 0.3% on an annual basis, which also matched March’s figure. Finally, annual average HICP inflation in April inched down from 0.3% in March to 0.2%.
Author: Dirina Mançellari, Senior Economist