Denmark Inflation


Denmark: Inflation moderates further in December

January 10, 2013

In December, consumer prices fell 0.31% over the previous month, which followed the 0.08% decrease seen in November. According to Statistics Denmark (DST), the reading reflected lower prices for transport and housing.

Annual headline inflation fell from 2.3% in November to 2.0% in December, the lowest level since June 2010. In addition, annual average inflation inched down to 2.4% from 2.5% in November. Meanwhile, HICP inflation (based on the harmonized index of consumer prices) fell to 1.9% from 2.2% in November.


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Denmark Inflation Chart

Denmark Inflation December 2012

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

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