Denmark Inflation May 2019

Denmark

Denmark: Inflation ticks down in May

June 11, 2019

According to Statistics Denmark, consumer prices decreased 0.1% in May over the month prior, down from the 0.3% rise registered in April. The decline was mainly driven by lower prices for leisure and culture; housing; and clothing and footwear.

Inflation ticked down to 0.7% in May from 1.0% in April. Meanwhile, annual average inflation edged down to 0.9% from 1.0% in April.

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

Sample Report

Looking for forecasts related to Inflation in Denmark? Download a sample report now.

Download

Denmark Inflation Chart


Denmark Inflation May 2019

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


Denmark Economic News

More news

Search form