Denmark: Inflation unchanged in October
November 10, 2014
In October, consumer prices increased 0.08% over the previous month, which was below September’s 0.31% rise. According to Statistics Denmark (DST), the figure mainly reflected higher prices for electricity, cars and natural gas, which were partly offset by declining prices for gasoline and furniture.
Annual headline inflation in October remained unchanged at both September and August’s 0.5%. Likewise, annual average inflation was stable at September’s 0.6%. In addition, HICP inflation (based on the harmonized index of consumer prices) remained unchanged at September’s 0.3%, while annual average HICP inflation remained at September’s 0.4%.