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.
Author: Steven Burke, Economist