Inflation in Denmark

Denmark Inflation | Economic News & Forecasts

Denmark - Inflation

Inflation stable in December

According to Statistics Denmark, consumer prices fell 0.3% over the prior month in December, matching November’s dip. The fall was primarily due to lower prices for transport as a result of the drop in crude oil prices during the month.

Inflation remained steady at November’s 0.8% in December. Meanwhile, annual average inflation was also stable at 0.8% in 2018, down from 1.1% in 2017.

Denmark Inflation Forecast

FocusEconomics Consensus Forecast panelists expect inflation to average 1.3% in 2019, which is down 0.1 percentage points from last month’s forecast. For 2020, panelists expect inflation to average 1.6%.

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 Yield0.17-1.54 %Jan 16
Exchange Rate6.55-0.57 %Jan 16
Stock Market924-0.39 %Jan 16

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