Denmark Inflation May 2019


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

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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)

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