Inflation in Denmark

Denmark Inflation | Economic News & Forecasts

Denmark - Inflation

Inflation ticks down in May

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%.

Denmark - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)0.8  0.6  0.5  0.3  1.2  

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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-0.21-1.54 %Jun 13
Exchange Rate6.62-0.57 %Jun 13
Stock Market1,020-0.39 %Jun 13

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