Denmark Inflation

Denmark

Denmark: Inflation eases in October on lower fuel prices

November 12, 2012

In October, consumer prices fell 0.08% over the previous month, which contrasted the 0.23% increase seen in September. According to Statistics Denmark (DST), the reading reflected how a drop in transport prices offset higher prices for housing and education. In addition, prices for food and non-alcoholic beverages remained unchanged. Annual headline inflation eased from 2.5% in September to 2.3% in October. Annual average inflation, however, was unchanged at September's 2.5%. In addition, HICP inflation (based on the harmonized index of consumer prices) edged down to 2.3% from 2.5% in September.


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Denmark Inflation October 2012

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: Statistics Denmark (DST).


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