Inflation in Denmark

Denmark Inflation | Economic News & Forecasts

Denmark - Inflation

Inflation stable in August, prices pressures remain muted

Consumer prices dipped 0.4% in month-on-month terms in August, contrasting July’s 0.6% rise. The decline was driven by cheaper prices for food, transportation and leisure and culture.

Meanwhile, inflation was steady at July’s 0.4% in August—the joint-lowest reading since October 2016—while annual average inflation was also unchanged at 0.8% in August.

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%.

Denmark - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)0.8  0.6  0.5  0.3  1.1  

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Denmark Inflation Chart

Denmark Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Statistics Denmark (DST) and FocusEconomics calculations.

Denmark Facts

Bond Yield-0.64-1.54 %Sep 04
Exchange Rate6.76-0.57 %Sep 04
Stock Market1,052-0.39 %Sep 04

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