Denmark Inflation August 2019

Denmark

Denmark: Inflation stable in August, prices pressures remain muted

September 10, 2019

Consumer prices dipped 0.4% in month-on-month terms in August, contrasting July’s 0.6% rise. The decline was driven by cheaper prices for food, transportation and leisure and culture.

Meanwhile, inflation was steady at July’s 0.4% in August—the joint-lowest reading since October 2016—while annual average inflation was also unchanged at 0.8% in August.

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 1.4%.


Author:, Economist

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Denmark Inflation Chart


Denmark Inflation August 2019

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


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