Inflation in Denmark

Denmark Inflation | Economic News & Forecasts

Denmark - Inflation

Inflation eases from over one-year high in February

According to Statistics Denmark, consumer prices climbed 0.5% over the prior month in February, up from the 0.2% rise registered in January. The uptick came on the back of higher prices for clothing and footwear; transport; leisure and culture. On the other hand, prices for furnishings and household services fell in the month.

Inflation softened to 1.1% in February from an over one-year high of 1.3% in January. Meanwhile, annual average inflation was stable at January’s 0.9% in February.

FocusEconomics Consensus Forecast panelists expect inflation to average 1.1% in 2019, which is down 0.2 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

ValueChangeDate
Bond Yield0.17-1.54 %Mar 20
Exchange Rate6.54-0.57 %Mar 20
Stock Market1,022-0.39 %Mar 20

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