Inflation in Denmark
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
|Inflation Rate (CPI, annual variation in %)||0.8||0.6||0.5||0.3||1.1|
5 years of economic forecasts for more than 30 economic indicators.
Denmark Inflation Chart
Source: Statistics Denmark (DST) and FocusEconomics calculations.
|Bond Yield||-0.64||-1.54 %||Sep 04|
|Exchange Rate||6.76||-0.57 %||Sep 04|
|Stock Market||1,052||-0.39 %||Sep 04|
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September 10, 2019
Consumer prices dipped 0.4% in month-on-month terms in August, contrasting July’s 0.6% rise.
August 29, 2019
Business confidence among firms in the industrial sector increased to minus five points in August from minus seven points in July, according to a survey conducted by Denmark’s Statistical Institute, due to an improvement in output expectations.
August 22, 2019
The consumer confidence index released by Statistics Denmark rose to 6.3 in August from 2.9 in July.
August 14, 2019
According to Statistics Denmark’s preliminary GDP estimate which is based on production data, the economy grew 0.8% in seasonally-adjusted quarter-on-quarter terms in Q2 2019, accelerating from the 0.1% expansion registered in the first quarter.
August 12, 2019
Consumer prices rose 0.6% in month-on-month terms in June, contrasting the 0.2% decline logged in June.