Denmark Inflation September 2016

Denmark

Denmark: Inflation stays put in September

October 10, 2016

In September, consumer prices were flat on a monthly basis, which came in above August’s 0.3% decrease. According to Statistics Denmark (DST), the figure mainly reflected higher prices for telecommunication services.

Inflation remained stable in September (August: +0.2% year-on-year) while the harmonized index of consumer prices dropped 0.3% (August: 0.0%). Finally, annual average HICP inflation inched down from 0.1% to a flat reading in September.

FocusEconomics Consensus Forecast panelists expect inflation to average 0.4% in 2016, which is unchanged from last month’s estimate. For 2017, panelists expect inflation to average 1.3%, which is down 0.1 percentage points from last month’s forecast.


Author: Teresa Kersting, Economist

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Denmark Inflation Chart


Denmark Inflation September 2016

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


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