Inflation in Denmark
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 |
Denmark Inflation Chart
Source: Statistics Denmark (DST) and FocusEconomics calculations.
Denmark Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.17 | -1.54 % | Jan 16 |
| Exchange Rate | 6.55 | -0.57 % | Jan 16 |
| Stock Market | 924 | -0.39 % | Jan 16 |
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Economic News
Denmark: Inflation stable in December
January 10, 2019
According to Statistics Denmark, consumer prices fell 0.3% over the prior month in December, matching November’s dip.
Denmark: Business sentiment falls to over one-and-a-half-year low in December
January 4, 2019
According to a survey conducted by Statistics Denmark, business confidence among firms in the industrial sector fell to minus 5 points in December from a revised 0 points in November (previously reported: -1 point), dropping below the zero-point threshold that separates optimism from pessimism in the sector. The tumble in industrial business sentiment was primarily driven by declining new orders.
Denmark: Consumer confidence tumbles to two-year low in December
December 21, 2018
The consumer confidence index released by Statistics Denmark toppled to 2.9 points in December from 4.3 points in November, the lowest level since December 2016.
Denmark: Inflation stable in November
December 10, 2018
Consumer prices fell 0.3% over the prior month in November, contrasting the 0.3% increase logged in October.
Denmark: Second estimate confirms a solid Q3 GDP reading in the third quarter
November 30, 2018
According to the latest national accounts data released on 30 November by Statistics Denmark, the economy gained traction in the third quarter, after registering weak growth in the first two quarters of the year.
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