Inflation in Denmark
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 |
Denmark Inflation Chart
Source: Statistics Denmark (DST) and FocusEconomics calculations.
Denmark Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.21 | -1.54 % | Jun 13 |
| Exchange Rate | 6.62 | -0.57 % | Jun 13 |
| Stock Market | 1,020 | -0.39 % | Jun 13 |
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Economic News
Denmark: Inflation ticks down in May
June 11, 2019
According to Statistics Denmark, consumer prices decreased 0.1% in May over the month prior, down from the 0.3% rise registered in April.
Denmark: Second estimate confirms growth moderated in Q1 2019
May 29, 2019
The economy grew a downwardly revised 0.2% in seasonally-adjusted quarterly terms in the first quarter of 2019 (previously reported: +0.3% quarter-on-quarter), according to the latest national accounts data which were released by Statistics Denmark on 29 May.
Denmark: Business sentiment in the industrial sector improves for third consecutive month in May
May 29, 2019
Business confidence among firms in the industrial sector inched up to minus 2 points in May from minus 3 points in April, according to a survey conducted by Statistics Denmark, owing to a slight recovery in news orders and lower stocks.
Denmark: Consumers more optimistic in May
May 21, 2019
Consumer confidence jumped in May, with the consumer confidence index released by Statistics Denmark increasing to 5.9 points from 3.7 points in April.
Denmark: Flash estimate suggests economic growth ebbed in Q1
May 15, 2019
GDP grew 0.3% in seasonally-adjusted quarter-on-quarter terms in Q1 2019, down from the 0.8% increase registered in the fourth quarter last year, according to a flash estimate released on 15 May.
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