Policy Interest Rate in Denmark
In April, inflation cooled to a 14-month low of 5.3% (March: 6.7%) as price growth for housing and utilities slowed. Similarly, core inflation softened to 6.1%. Higher interest rates and slowing activity will keep a lid on price pressures, which should continue to ease by end-2023. That said, inflation this year will average more than double the ECB’s 2.0% target.
Denmark Policy Interest Rate Chart
This chart displays Policy Interest Rate (%) for Denmark from 2013 to 2022.
Denmark Policy Interest Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Certificates of Deposit Rate (%, eop) | -0.65 | -0.65 | -0.75 | -0.60 | -0.60 |