Inflation in Denmark
Harmonized end-of-period consumer price inflation was 9.6% in 2022, above the 3.4% recorded in the prior year and significantly above the 0.5% registered a decade earlier. For more inflation information, visit our dedicated page.
Denmark Inflation Chart
Note: This chart displays Inflation (HICP, ann. var. %, eop) for Denmark from 2024 to 2023.
Source: Macrobond.
Denmark Inflation Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Inflation (HICP, ann. var. %, eop) | 0.8 | 0.4 | 3.4 | 9.6 | 0.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Danish projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable forecast available for Danish .
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